California Unemployment Insurance Code ARTICLE 5 - Transfer of Reserve Accounts

• Section 1051.
  Whenever any employing unit acquires the organization, trade, or business, or substantially all of the assets thereof, or a distinct and severable portion of such...
• Section 1051.5.
  To the extent permitted by federal law, Sections 1051, 1052, and 1053 are applicable to acquisitions by a nonprofit organization which has elected reimbursement financing...
• Section 1052.
  Upon receipt of the application the separate account, actual contribution and benefit experience and payrolls of the predecessor or that part thereof, as determined by...
• Section 1053.
  Sections 1051 and 1052 are applicable to applications for transfer of reserve accounts made after the 90-day period beginning with the date of acquisition but...
• Section 1054.
  The provisions of this article requiring a specific application for transfer of reserve account shall not apply to any successor who through error or inadvertence...
• Section 1055.
  In the event of a denial or granting of an application for transfer of reserve account, the director shall give notice pursuant to Section 1206...
• Section 1056.
  The director may prescribe regulations for the establishment, maintenance, and dissolution of joint accounts by two or more employers and shall, in accordance with such...
• Section 1057.
  Upon dissolution of a joint venture each participating employer may within 90 days apply for the transfer of his proportionate share of the reserve account....
• Section 1058.
  As used in this article the term “joint venture” means a separate employing unit which has been organized by two or more employers to accomplish...
• Section 1060.
  A change in contribution rate caused by a transfer under this article of all or a portion of the separate account, actual contribution and benefit...
• Section 1061.
  (a) For purposes of this article, the reserve account attributable to a transferred business shall also be transferred to, and combined with, the reserve account attributable...

Last modified: October 22, 2018