1. (1) In the case of liable existing entities where common ownership exist and there is a transfer of employees between entities, master and sub-unit accounts will be established and rates merged.
2. (2) Where there is common ownership and one existing liable company and another smaller company is formed from the initial company, wage transcripts will not be accepted. Master and sub-unit accounts will be established and the rates merged.
3. (3) Where common ownership exists in the case of a partial successor that is found to be a full-successor and the predecessor company will remain active, a master sub-unit account will be established and both companies will receive the rate of the predecessor company.
4. (4) In the case of a full successor between two liable companies with common ownership which occurs any time after the first day of the year, the remaining successor account will receive a new account number and the rates are merged where the rates differ. Where there is an acquirement of an existing liable company and a new company will be formed from that acquirement, the rate of the predecessor passes to the successor and a new account is assigned.

Author: Jo Doyal, Experience Rating Section; Marcia Davis, Status Unit

Statutory Authority: Code of Ala. 1975, §§25-2-7, 25-2-8, 25-4-8, 25-4-111.

History: New Rule: Filed January 2, 2014; effective February 6, 2014.