31A-22-1002. Duration of coverage.
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31A-22-1002. Duration of coverage.
(1)Any insurer assuming a workers' compensation risk shall carry it until the policy is canceled, either:
(a)by agreement between the Division of Industrial Accidents in the Labor Commission, the insurer, and the employer; or
(b)after:
(i)notice by the insurer to the employer as provided in Section 31A-21-303 ; and
(ii)notice to the Division of Industrial Accidents in the Labor Commission as provided in Section 34A-2-205 .
(2)Subsection
(1)does not affect the requirements of Section 31A-22-1001 .
Amended by Chapter 116 , 2001 General Session