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Current as of January 01, 2022 | Updated by FindLaw Staff
(a) Whenever the director determines that the compensation and benefits provided by this chapter may be unpaid by reason of the default of an insolvent group self-insurance plan, and the penal sum of the surety bond, trust fund, or other security is about to become exhausted, the director shall levy an assessment against all self-insured employers in that group self-insurance plan to assure prompt payment of that compensation and benefits.
(b) Notwithstanding any other provisions of law, in the event that an employee leasing firm approved under this chapter does not pay the compensation and benefits provided by this chapter by reason of insolvency, and the penal sum of the surety or other security is about to become exhausted, the director shall levy an assessment against all client companies of the employee leasing firm to assure prompt payment of the compensation and benefits.
Cite this article: FindLaw.com - Rhode Island General Laws Title 28. Labor and Labor Relations § 28-47-11. Assessment against group self-insurers - last updated January 01, 2022 | https://codes.findlaw.com/ri/title-28-labor-and-labor-relations/ri-gen-laws-sect-28-47-11/
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