20 CFR 726.115 - Revocation of authorization to self-insure.

Code of Federal Regulations - Title 20: Employees' Benefits (December 2005)


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TITLE 20 - EMPLOYEES' BENEFITS

CHAPTER VI - EMPLOYMENT STANDARDS ADMINISTRATION, DEPARTMENT OF LABOR

SUBCHAPTER B - FEDERAL COAL MINE HEALTH AND SAFETY ACT OF 1969, AS AMENDED

PART 726 - BLACK LUNG BENEFITS; REQUIREMENTS FOR COAL MINE OPERATOR'S INSURANCE

subpart b - AUTHORIZATION OF SELF - INSURERS

726.115 - Revocation of authorization to self - insure.

The Office may for good cause shown suspend or revoke the authorization of any self-insurer. Failure by a self-insurer to comply with any provision or requirement of law or of the regulations in this part, or with any lawful order or communication of the Office, or the failure or insolvency of the surety on his indemnity bond, or impairment of financial responsibility of such self-insurer, may be deemed good cause for such suspension or revocation.

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