Statutes, codes, and regulations
California Code Of Regulations
Title 22 - Social SecurityDivision 1 - Employment Development DepartmentSubdivision 1 - Director of Employment DevelopmentDivision 1 - Unemployment and Disability CompensationPart 1 - Unemployment CompensationChapter 4 - CONTRIBUTIONS AND REPORTS
Article 5 - TRANSFER OF RESERVE ACCOUNTS
Section 1053-1 - Reserve Account -Reacquisition by Predecessor

Cal. Code Regs. Tit. 22, §§ 1053-1

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Current through Register 2024 Notice Reg. No. 50, December 13, 2024
Section 1053-1 - Reserve Account -Reacquisition by Predecessor

In the event application for transfer of reserve account is not made by the successor within the 90-day period provided for in Section 1051 of the code, the predecessor upon reentering business may reacquire that portion of the reserve account not transferred to the successor upon making proper application after said 90-day period but prior to the cancellation of the reserve account as provided in Section 1029 of the code.

Cal. Code Regs. Tit. 22, §§ 1053-1

1. New NOTE filed 11-20-81; effective thirtieth day thereafter (Register 81, No. 47).

Note: Authority cited: Sections 305 and 306, Unemployment Insurance Code. Reference: Section 1053, Unemployment Insurance Code.

1. New NOTE filed 11-20-81; effective thirtieth day thereafter (Register 81, No. 47).