34A-2-201 - Employers to secure workers' compensation benefits for employees -- Methods.
34A-2-201. Employers to secure workers' compensation benefits for employees --Methods.
An employer shall secure the payment of workers' compensation benefits for itsemployees by:
(1) insuring, and keeping insured, the payment of this compensation with the Workers'Compensation Fund;
(2) insuring, and keeping insured, the payment of this compensation with any stockcorporation or mutual association authorized to transact the business of workers' compensationinsurance in this state; or
(3) obtaining approval from the division in accordance with Section 34A-2-201.5 to paydirect compensation as a self-insured employer in the amount, in the manner, and when due asprovided for in this chapter or Chapter 3, Utah Occupational Disease Act.
Amended by Chapter 222, 2000 General Session