31 C.F.R. § 50.30   General participation requirements.


Title 31 - Money and Finance: Treasury


Title 31: Money and Finance: Treasury
PART 50—TERRORISM RISK INSURANCE PROGRAM
Subpart D—State Residual Market Insurance Entities; Workers' Compensation Funds

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§ 50.30   General participation requirements.

(a) Insurers. As defined in §50.5(f), all State residual market insurance entities and State workers' compensation funds are insurers under the Program even if such entities do not receive direct earned premiums.

(b) Mandatory Participation. State residual market insurance entities and State workers' compensation funds that meet the requirements of §50.5(f) are mandatory participants in the Program subject to the rules issued in this Subpart.

(c) Identification. Treasury will release and maintain a list of State residual market insurance entities and State workers' compensation funds at www.treasury.gov/trip. Procedures for providing comments and updates to that list will be posted with the list.

[68 FR 59720, Oct. 17, 2003]

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