§ 8-67-108 — Plan of operation - rules

(1) The board shall, by rule, adopt a plan
of operation and any amendments necessary or suitable to assure the fair,
reasonable, and equitable administration of the fund.

(2) If the board fails to adopt a plan of operation on or before September 1,
2018, the director shall, after notice and hearing, adopt and promulgate reasonable
rules as necessary or advisable to effectuate this article 67. The rules shall
continue in force until modified or superseded by the board.

(3) The plan of operation shall:

(a) Establish the procedures by which all the powers and duties of the board
under section 8-67-107 will be performed;

(b) Establish the amount and method of reimbursing members of the board
under section 8-67-106 (4);

(c) Establish procedures by which claims may be filed with the board,
including establishing acceptable forms of proof of covered claims;

(d) Establish procedures for pursuing actions against uninsured employers
pursuant to section 8-67-110;

(e) Establish regular places and times for meetings of the board;

(f) Establish procedures for maintaining records of all financial transactions
of the board;

(g) Contain additional provisions necessary or proper for the execution of the
powers and duties of the board; and

(h) Establish procedures for contracting with third-party administrators to
administer claims paid by the fund.

Legislative History

Source: L. 2017: Entire article added, (HB 17-1119), ch. 317, p. 1701, � 1, effective July 1.