{"data":{"id":"us-ct/conn.-gen.-stat.-38a-1020","jurisdiction":"us-ct","citation":"Conn. Gen. Stat. § 38a-1020","heading":"Revocation of certificate of approval.","body":"(a) After notice and opportunity for a hearing, the commissioner may revoke a group's certificate of approval if it: (1) Is found to be insolvent; (2) fails to pay any premium tax, regulatory fee or assessment or special fund contribution imposed upon it; or (3) fails to comply with any of the provisions of subsection (e) of section 31-288, 31-289b, 31-316, 31-345 or 38a-1000 to 38a-1023, inclusive, with any rules adopted pursuant to said sections, or with any lawful order of the commissioner within the time prescribed.\n(b) In addition, the commissioner may revoke a group's certificate of approval if, after notice and opportunity for hearing, the commissioner finds that: (1) Any certificate of approval that was issued to the group was obtained by fraud; (2) there was a material misrepresentation in the application for the certificate of approval; or (3) the group or its administrator has misappropriated, converted, illegally withheld or refused to pay over upon proper demand any moneys that belong to a member, an employee of a member, or a person otherwise entitled thereto and that have been entrusted to the group or its administrator in its fiduciary capacities.","path":["TITLE 38a. INSURANCE","CHAPTER 706. PRIVATE EMPLOYER WORKERS' COMPENSATION GROUP SELF-INSURANCE"],"source_url":"https://www.cga.ct.gov/current/pub/chap_706.htm#sec_38a-1020","current_through":"Revised to January 1, 2026 (2026 Supplement to the General Statutes of Connecticut, applied over the base revision of January 1, 2025)","vintage":"","retrieved_at":"2026-09-06T19:07:13Z","sha256":"945f76fb050ada7d4a45ebe11d95d4cc47baf0bcf52f3b0d8b33249c75c08382","source_id":"us-ct","stale":false,"prev":"us-ct/conn.-gen.-stat.-38a-1019","next":"us-ct/conn.-gen.-stat.-38a-1021"},"notice":"GroundRules: Original legal text. Not legal advice."}