260-RICR-40-05-1
260-RICR-40-05-1. Unemployment Insurance and Temporary Disability Insurance Programs (version Periodic Refile, 12/13/2001 to 10/15/2008)
RHODE ISLAND DEPARTMENT OF LABOR AND TRAINING
RULE 14
TRANSFER OF ASSETS
A.
Every employing unit, immediately upon becoming the transferee or
purchaser of a substantial part of the assets of any business from a
previous owner, whether by sale, lease, merger, consolidation,
reorganization, or otherwise, shall report such transfer and the date when
it takes place, in writing to the Director. Such report must be received by
the Director within ten (10) days of the date such transfer becomes
effective.
B.
Every executor or administrator of the estate of a deceased person who at
the time of death was an employing unit, shall notify the Director, in
writing, concerning:
(1)
the date of death of such person, and
(2)
the date upon which such executor or administrator qualified.
Such report must be received by the Director within ten (10) days after the
date of qualification.
C.
Every custodian, guardian, receiver, trustee in bankruptcy, and other
person designated by order of any court of competent jurisdiction within
the State of Rhode Island to assume control of the assets of any
employing unit, shall immediately notify the Director, in writing,
concerning:
(1)
the date of such order, and
(2)
the provisions thereof.
Such report must be received by the Director within ten (10) days of the
promulgation of such order.
[Reference to Employment Security Act: Section 28-43-10]