Election Not To Accept Coverage By Employee Who Owns 10 Percent Or More Of Corporate Stock Download Free Print-Only PDF OR Purchase Interactive PDF Version of this Form
Election Not To Accept Coverage By Employee Who Owns 10 Percent Or More Of Corporate Stock Form. This is a Kansas form and can be use in Workers Compensation.
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Tags: Election Not To Accept Coverage By Employee Who Owns 10 Percent Or More Of Corporate Stock, K-WC 50, Kansas Workers Compensation,
DIVISION OF WORKERS COMPENSATION
KS DEPARTMENT OF LABOR
800 SW JACKSON ST STE 600
TOPEKA KS 66612-1227
Phone: 785-296-3441 – Fax: 785-296-0839
Web Site: www.dol.ks.gov
Election Not to Accept Coverage Under
Kansas Workers Compensation Act by Employee Who Owns
10% or More of Corporate Stock of Corporate Employer.
NOTICE: To be processed, All entries on this form must be completed. All
entries, except signatures, must be neatly printed in black ink.
NOTE: This Election is effective upon receipt by the Kansas Division of
Workers Compensation.
To the Kansas Division of Workers Compensation, you are hereby notified that:
Name of Employee Electing Out of Act: ____________________________________________________
Social Security Number of Employee: _____________________________________________________
Corporate Employer's Name and Address: __________________________________________________
Telephone Number: (______)________________
Type of Business:_____________________________
The above named employee states that he/she owns 10% or more of the corporate stock of the above
corporation and elects, pursuant to K.S.A. 44-543, not to accept coverage under the Kansas Workers
Compensation Act. The above named employee recognizes that by signing this form he/she is not
covered under the Kansas Workers Compensation Act.
_____________________________________________
Valid Signature of Employee Electing Out of Act
_____________________________________________
Date Signed by Employee
Federal Privacy Act Disclosure Section 7(a)(2)(B)
The mandatory requirement that social security numbers be included on forms filed with the Division of Workers Compensation is permitted by Section 7(a)(2)(B) of the Federal Privacy Act of 1974, since our regulations which
require its disclosure were in existence before January 1, 1975. The number is used as a means of identifying all
the various records in the Division of Workers Compensation pertaining to an individual.
The use of social security numbers is made necessary because of the large number of applicants who have
similar names and birth dates, and whose identities can only be distinguished by the social security number.
K-WC 50 (Rev. 10-04)
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