N.J. Admin. Code § 12:18-2.25

Current through Register Vol. 56, No. 24, December 18, 2024

Section 12:18-2.25 - Security exemption

(a) Exemption from the requirement of N.J.A.C. 12:18-2.2 4, Security required, shall be granted to any employer who:

1. Is exempt from insuring the employer's workers' compensation liability, as provided by law; or

2. Satisfies the Division as to the employer's financial responsibility to pay the benefits provided by the employer's plan by furnishing a complete, current financial statement and such other proof as may be acceptable to the Division. An annual review of the financial responsibility will be made.

N.J. Admin. Code § 12:18-2.25

Amended by R.1994 d.241, effective 5/16/1994.
See: 26 New Jersey Register 1326(a), 26 New Jersey Register 2131(a).