The applicant shall execute and file with the commissioner an agreement in a form prescribed by the commissioner, that if certified as a self-insurer the applicant shall:
(1) Permit the commissioner or an authorized representative to inspect and copy records and provide them copies of records pertaining to the self-insurer’s financial condition, processing and payment of claims, and any other matters pertinent to the administration and enforcement of this article; and
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(2) Provide all mandatory benefits required under this article and comply with all requirements of articles 10C and 13, and with the rules and directives of the commissioner, including, but not limited to, those relating to processing and payment of assessments and fees.