(A)The transferee
shall become a successor in interest by operation of law where:
(1)There is a
transfer of all of the transferor's trade or business located in the state of
Ohio; and
(2)At the time of
the transfer the transferor is liable under Chapter 4141. of the Revised Code.
(B)The
transferee, as successor in interest, shall assume all of the resources and
liabilities of the transferor's account. The director shall revise the contribution
rates of the transferee to reflect the result of the successorship.
(C)The director
shall not approve a transfer of experience or contribution rates of the
transferee or transferor for any contribution period with respect to which the
director has determined contribution rates for the transferee or transferor
pursuant to division (G) of section 4141.24 or section 4141.48 of the Revised
Code.
Effective: 3/28/2019
Five Year Review (FYR) Dates: 1/7/2019 and 03/28/2024
Certification: CERTIFIED ELECTRONICALLY
Date: 03/14/2019
Promulgated Under: 119.03
Statutory Authority: 4141.13
Rule Amplifies: 4141.24, 4141.48
Prior Effective Dates: 01/01/1974, 05/29/1990, 01/15/2001,
01/26/2002, 01/01/2003, 01/01/2006