4141 Unemployment Compensation
4141-37-03 Election Notice and Bonding Amount
Effective Date: June 18, 2020
Most Current Prior Effective Date: April 1, 2015

The election notice, unless accompanied by a surety bond or approved municipal or other bonds, approved securities, or a combination thereof, or other forms of collateral security approved by the director, equal to the bonding amount, shouldwill contain a statement to the effect that the bonding amount requirement will be met within thirty days of the effective date of the election. Failure to meet such bonding amount requirement will cause the election to become void and the organization shall be or become liable for contributions as of the date on which the election would otherwise have been effective.

Effective: 6/18/2020

Five Year Review (FYR) Dates: 4/2/2020 and 06/18/2025

Certification: CERTIFIED ELECTRONICALLY

Date: 06/08/2020

Promulgated Under: 119.03

Statutory Authority: 4141.13

Rule Amplifies: 4141.241

Prior Effective Dates: 01/01/1972, 07/03/1986, 05/29/1990, 06/03/1996, 01/15/2001, 04/01/2015