La. Admin. Code tit. 40 § IV-367

Current through Register Vol. 50, No. 11, November 20, 2024

Section IV-367 - Assignment of Rates for Corporate Groups

A. If the administrator grants an employer the right to be recognized as a corporate group, the rate will be assigned as follows.

B. A new number will be assigned to the parent corporation. The rate for the then current year will be based on the combined experience rating records of all employers that form the corporate group.

La. Admin. Code tit. 40, § IV-367

Promulgated by the Department of Labor, Office of Employment Security, LR 15:496 (June 1989), amended by the Department of Employment and Training, Office of Employment Security, LR 17:47 (January 1991).

AUTHORITY NOTE: Promulgated in accordance with R.S. 23:1471-1713.