Okla. Stat. tit. 85a § 100

Current through Laws 2024, c. 453.

Section 100 - Self-insurance Guaranty Fund Board as party to proceedings

A. The Self-insurance Guaranty Fund Board shall be a party in interest in all proceedings involving compensation claims against an impaired self-insurer whose compensation claims have been paid or assumed by the Commission and shall have all rights of subrogation of the impaired self-insurer. In such proceedings, the Board may assume and exercise all rights and defenses of the impaired self-insurer, including, but not limited to, the right to:

1. Appear, defend and appeal claims;

2. Receive notice of, investigate, adjust, compromise, settle and pay claims; and

3. Investigate, handle and contest claims.

B. The Board may:

1. Retain such persons as are necessary to handle claims and perform other duties of the Board;

2. Sue or be sued;

3. Negotiate and become a party to such contracts as are necessary to carry out the purposes of the Administrative Workers' Compensation Act; and

4. Exercise any other powers necessary to perform its duties under the Administrative Workers' Compensation Act as prescribed by the Board.

Okla. Stat. tit. 85a, § 100

Amended by Laws 2014 , c. 169, s. 6, eff. 4/25/2014.

Added by Laws 2013 , c. 208, s. 100, eff. 2/1/2014.