California Law (Last Updated: March 4, 2014) |
Labor Code - LAB |
Division 4. WORKERS' COMPENSATION AND INSURANCE |
Part 1. SCOPE AND OPERATION |
Chapter 4. Compensation Insurance and Security |
ARTICLE 1. Insurance and Security |
Section 3703.
Latest version.
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So long as the certificate has not been revoked, and the self-insurer maintains on deposit the requisite bond or securities, the self-insurer shall not be required or obliged to pay into the State Compensation Insurance Fund any sums covering liability for compensation excepting life pensions; and the self-insurer may fully administer any compensation benefits assessed against the self-insurer.
(Amended by Stats. 1959, Ch. 951.)