Section 176.05. Evidence of self-insurance.

 

(1)  In accordance with s. 194.42 , Stats., the department of transportation may, by order, exempt any common motor carrier of property or of passengers, or other carrier of passengers by motor bus, or contract motor carrier from the liability security requirements imposed under s. 194.41 , Stats., and ss. Trans 176.01 to 176.04 if the carrier:

(a)

1. Complies with the requirements set forth in s. 194.42 , Stats., and

2. Files an application to qualify as a self-insurer with the department of transportation; or

(b) Complies with the requirements under sub. (2) .

(2)  Any motor carrier engaged in interstate commerce only or jointly in interstate and intrastate commerce on Wisconsin highways who is qualified as a self-insurer under the rules and regulations of the interstate commerce commission, may qualify as a self-insurer under this section by filing with the department of transportation a certified copy of a currently effective interstate commerce commission order authorizing such motor carrier to self-insure under applicable federal law and regulations.

(3)  Applications to qualify as a self-insurer shall be made on forms provided by the department of transportation.

History: Cr. Register, November, 1977, No. 263 , eff. 12-1-77; renum. from MVD 2.05 and am. (1) (intro.), Register, February, 1981, No. 302 , eff. 3-1-81.