§ 703.311. Required reports; examination of self-insurer accounts.
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/us/cfr/t20/s§ 703.311·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)Upon the Office's request, each self-insurer must submit the following reports:
(1)A certified financial statement of the self-insurer's assets and liabilities, or a balance sheet.
(2)A sworn statement showing by classifications the payroll of employees of the self-insurer who are engaged in employment within the purview of the LHWCA or any of its extensions.
(3)A sworn statement covering the six-month period preceding the date of such report, listing by compensation districts all death and injury cases which have occurred during such period, together with a report of the status of all outstanding claims showing the particulars of each case.
(b)Whenever it considers necessary, the Office may inspect or examine a self-insurer's books of account, records, and other papers to verify any financial statement or other information the self-insurer furnished to the Office in any report required by this section, or any other section of the regulations in this part. The self-insurer must permit the Office or its duly authorized representative to make the inspection or examination. Alternatively, the Office may accept an adequate report of a certified public accountant.