R156-55a-305a. Exempt Contractors Filing Affirmation of Liability and Workers Compensation Insurance

  (1) Initial affirmation. In accordance with Subsection 58-55-305(1)(h)(ii)(H), any person claiming exemption under Subsection 58-55-305(1)(h) for projects with a value greater than $1,000 but less than $3,000 shall file a registration of exemption with the Division which includes:

  (a) the identity and address of the person claiming the exemption; and

  (b) a statement signed by the registrant verifying:

  (i) that the person has liability insurance in force which includes the Division being named as a certificate holder, the policy number, the expiration date of the policy, the insurance company name and contact information, and coverage amounts of at least $100,000 for each incident and $300,000 in total; and

  (ii) that the person has workers compensation insurance in force which names the Division as a certificate holder, includes the policy number, the expiration date of the policy, the insurance company name and contact information; or

  (iii) that the person does not hire employees and is therefore exempt from the requirement to have workers compensation insurance.

  (2) Periodic reaffirmations required. The affirmation required under Subsection (1) shall be reaffirmed on or before November 30 of each odd numbered year.