Indiana Statutes

§ 22-4-11.5-8 — Transfers solely to obtain lower employer contribution rate

Indiana § 22-4-11.5-8
JurisdictionIndiana
Art. 4UNEMPLOYMENT COMPENSATION SYSTEM
Ch. 11.5Assignment of Employer Contribution Rates and

This text of Indiana § 22-4-11.5-8 (Transfers solely to obtain lower employer contribution rate) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 22-4-11.5-8 (2026).

Text

(a)If the department determines that an employing unit or other person that is not an employer under IC 22-4-7 at the time of the acquisition has acquired an employer's trade or business solely or primarily for the purpose of obtaining a lower employer contribution rate, the employing unit or other person:
(1)may not assume the experience account balance of the predecessor employer for the resources and liabilities of the predecessor employer's experience account that are attributable to the acquisition; and
(2)shall pay the applicable contribution rate as determined under this article.
(b)In determining whether an employing unit or other person acquired a trade or business solely or primarily for the purpose of obtaining a lower employer contribution rate under subsection (a), the dep

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Legislative History

As added by P.L.98-2005, SEC.9. Amended by P.L.108-2006, SEC.19; P.L.175-2009, SEC.16.

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Bluebook (online)
Indiana § 22-4-11.5-8, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/22-4-11.5-8.