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The following reasons which may be asserted are not sufficient or valid grounds for objection:
(a) Ignorance of the law;
(b) The employer's assertion that the workers' compensation insurance premiums are excessive; or
(c) The employer's mistaken belief that he had such insurance.
NOTE: Authority cited: Sections 55 and 3710, Labor Code. Reference: Sections 3700, 3710, 3710.1, 3710.2, 3711, 3712, 3713, 3714, 3718, 3722, 3723, 3725, 3726 and 3727, Labor Code.
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