The effective date of a transfer of business shall be the date on which the transferee first has actual operating control over business assets and business activities. In determining the effective date of a transfer of business, the department shall consider all of the following:

1. (1) Legal documents related to the transfer.
2. (2) Any statements or documents tending to show that actual operating control was transferred on a date earlier than that reflected in legal documents related to the transfer.
3. (3) Any other relevant evidence.

History

History: Cr. Register, January, 1992, No. 433, eff. 2-1-92; CR 18-033: am. (intro.), (1), (2) Register May 2019 No. 761, eff. 6-1-19.