Voluntary payments
Sec. 5. Any employer may make voluntary payments in addition
to the contributions required under this article, and the same shall be
credited to its experience account. Such voluntary contributions shall
not be used in the computation of reduced rates unless such
contributions are paid prior to the expiration of one hundred twenty
(120) days after the beginning of the year for which such rates are
effective. Such payments shall be included in the experience account
as of the computation date only if they are made within thirty (30)
days following the date upon which the department mails notice that
such payments may be made with respect to a calendar year. Such
voluntary payments when accepted from an employer will not be
refunded in whole or in part.
(Formerly: Acts 1947, c.208, s.1006; Acts 1951, c.295, s.8.) As
amended by P.L.144-1986, SEC.100; P.L.18-1987, SEC.35.
Last modified: May 27, 2006