[Code of Federal Regulations]
[Title 20, Volume 3]
[Revised as of April 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 20CFR703.311]

[Page 916]
 
                      TITLE 20--EMPLOYEES' BENEFITS
 
  CHAPTER VI--EMPLOYMENT STANDARDS ADMINISTRATION, DEPARTMENT OF LABOR
 
PART 703--INSURANCE REGULATIONS--Table of Contents
 
Sec. 703.311  Period of authorization as self-insurer.

    (a) Effective with the end of the authorization period July 1, 1983, 
through June 30, 1984, annual reauthorization of the self-insurance 
privilege is no longer necessary. Beginning July 1, 1984, and 
thereafter, newly approved and renewed self-insurance authorizations 
will remain in effect for so long as the self-insurer complies with the 
requirements of the OWCP.
    (b) A self-insurer who currently has on file an indemnity bond, will 
receive from the office, on or about May 10 of each year, a bond form 
for execution in contemplation of the continuance of the self-insurance 
authorization, and the submission of such bond duly executed in the 
amount indicated by the office will be deemed and treated as a condition 
of the continuing authorization.

[50 FR 407, Jan. 3, 1985]