(A) At any time during the term of any coal-workers' pneumoconiosis fund insurance policy, and for a period of two years after the termination of any such policy, the bureau of workers' compensation shall have the right to make reasonable inspections of any records, payrolls, books of account, ledgers or contracts which reflect upon the payroll expenditures of the insured, or the allocation of such payroll expenditures to the appropriate manual classifications.
(B) Refusal on the part of the insured to permit reasonable audits, or willful interference by the insured with the bureau carrying out any audit or inspection, shall be sufficient reason for cancellation of the coal-workers' pneumoconiosis fund coverage of the insured.
(C) If any audit or inspection reveals a discrepancy in the amount of premium paid by the insured for any period, the bureau shall adjust the account of the insured in accordance with the audit findings.
119.032 review dates:
Promulgated Under: 119.03
Statutory Authority: 4121.12, 4121.121
Rule Amplifies: 4131.02, 4131.04
Prior Effective Dates: 6/3/82, 12/18/89 (Emer.), 2/22/90