partners. A proprietor, limited liability company member, limited liability partner, or partner who isactively engaged in the proprietor’s, limited liability company member’s, limited liability partner’s, or partner’s business on a substantially full-time basis may elect to be covered by the workers’ compensation law of this state by purchasing valid workers’ compensation insurance specifically including the proprietor, limited liability company member, limited liabilitypartner, or partner. The election constitutes an assumption by the employer of workers’ compensation liabilityfor the proprietor, limited liabilitycompany member, limited liabilitypartner, or partner for the time period in which the insurance contract is inforce. The proprietor, limited liability company member, limited liabilitypartner, or partner shall accept compensation in the manner provided by the workers’ compensation law and the employer isrelieved from any other liabilityfor recovery of damages, or other compensation for injury.
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