(a) A complete group member application to self-insure on Form S-2B (1-2016) by each member of a group self-insurer shall include all the attachments requested in the application form itself, and, as applicable, the following:
(1) The Board of Trustees, or the Group Administrator if authorized by the group bylaws, shall evaluate potential new members by reviewing their financial statements, tax returns, credit reports, or other appropriate documentation as specified in the bylaws of the group self-insurer;
(2) A duly executed Resolution authorizing completion of the application to become self-insured as a member of the group self-insurer;
(3) A duly executed Indemnity Agreement and Power of Attorney (Form S-4 (1-2016)), as required by Section 15479 of these regulations.