(a) When requested by the board or carrier, the employer shall immediately complete Board Form IAB-150, Employer's Wage Statement, and file the original with the board and a copy with the carrier.

(b) Noncompliance with this requirement may result in imposition of a civil penalty not to exceed $500.

The provisions of this § 45.13 adopted to be effective October 17, 1989, 14 TexReg 5260.