56 Ill. Adm. Code 2765.210
Prohibition on Withdrawal of Joint Application for Partial Transfer of Experience Rating Record
Section 2765
Section 2765.210 Prohibition
on Withdrawal of Joint Application for Partial Transfer of Experience Rating
Record
A joint application for partial
transfer of the predecessor's experience record, pursuant to Section 1507B of
the Act, cannot be withdrawn after it has been submitted to the Director.
a) EXAMPLE: After filing a joint application for partial
transfer of the predecessor's experience rating record, one of the applicants
determines that the partial transfer will result in an increase in its
contribution rate. Notwithstanding the increase in its contribution rate, the
applicant cannot request to withdraw its joint application for the partial
transfer of the predecessor's experience rating record.
b) EXAMPLE: After the filing of a joint application for partial
transfer of the predecessor's experience rating record, the Agency determines
that the provisions of Section 1507B of the Act are met but that an affiliation
(as described in the last paragraph of Section 1507B of the Act) exists, an
applicant cannot request to withdraw its joint application for the partial
transfer of the predecessor's experience rating record.