ARM 24.40.1405

24.11.2015 CLOSING AN EMPLOYER ACCOUNT (1) An employer that ceases all employment and reports no wages to the department for eight consecutive calendar quarters is removed from the department's record of active employers. The department will notify the employer of that action. (2) An employer that has notified the department it has ceased to employ is removed from the department's record of active employers. (3) The quarterly report and payment for the final quarter wages as were paid must be filed with the department within 30 days if the employer: (a) quits doing business; (b) sells or transfers the business, or the major portion of the business assets; or (c) becomes insolvent.