Current through Register Vol. XLI, No. 45, November 8, 2024
Section 83-1-23 - Establishment, Maintenance and Dissolution of Joint Accounts23.1. Two (2) or more employers, upon written request submitted on an application form prescribed by the Commissioner, may combine their accounts into a joint account for one (1) calendar year; Provided, however, That such application must be made annually within thirty days of the date Form WVUC-MR-7, Notice of Contribution Rate, or its substitute is mailed toemployers. Provided further, That the account of each such employer must have been chargable with benefit payments for the thirty-six (36) consecutive calendar months immediately preceding the first year in which the rate based on combined experience becomes effective. A joint account will become effective upon approval of the application by the Commissioner. The Commissioner may grant a thirty-day extension for the filing of an application for a joint account; Provided that such request must be post-marked by the last date on which to file the application.23.2. The department shall maintain a separate account for each employer participating in a joint account. To compute the joint rate applicable to all participating employers, the records of all such employers shall be combined and the computed rate shall apply to all participating employers for the entire calendar year.23.3. A participating employer may withdraw upon written application therefor, effective on the first day of January of any year: Provided, That the application for withdrawal be made within thirty (30) days of notification of the computed rate applicable to the joint account.