Ala. Admin. Code r. 480-4-2-.22

Current through Register Vol. 42, No. 10, July 31, 2024

Section 480-4-2-.22 - Group Accounts

(1) For the purpose of Code of Ala. 1975, § 25-4-51(b) (9), Alabama Unemployment Compensation Law, two or more eligible employers with substantial common interest may file a joint written application for establishment of a group account. The written application shall identify the various members of the group and a group representative to act as agent for the group and shall be accompanied by written proof of action by the ruling body of each member. If the application is approved, the Director shall establish the group account in accordance with the provisions of Code of Ala. 1975, § 25-4-51(b)(9).

(2) New members may be added to, and active members may withdraw from, such group account, with approval of the Director, upon written application duly filed.

(3) The representative, acting as agent for the members of such group account, shall be responsible for dealing with the Director relative to obligations of each member under the law making all payments to the Director, and all notices and statements from the Director as required in said law sent to said representative shall be deemed to have been sent to any member of the group to whom it might relate.

(4) Any surety bond or cash deposits required to be furnished by the provisions of Code of Ala. 1975, § 25-4-51(b)7 of the Alabama Unemployment Compensation Law shall be for the group and the amount thereof shall be determined in the same manner as it provided in Rule 480-4-2-.18.

W. R. Hartin

Ala. Admin. Code r. 480-4-2-.22

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