Sec. 2. Except as otherwise provided in sections 4 and 5 of this chapter, IC 22-4-7-2(f), and IC 22-4-11.5, an employing unit shall cease to be an employer subject to this article only as of January 1 of any calendar year, if it files with the commissioner, prior to January 31 of such year, an application for termination of coverage in the form and manner prescribed by the department, and the commissioner finds that the employment experience of the employer within the preceding calendar year was not sufficient to qualify an employing unit as an employer under IC 22-4-7-1 and IC 22-4-7-2.
Formerly: Acts 1947, c.208, s.902; Acts 1951, c.295, s.6. As amended by Acts 1977, P.L.262, SEC.15; P.L.18-1987, SEC.30; P.L.21-1995, SEC.68; P.L.98-2005, SEC.3; P.L.122-2019, SEC.18.
Structure Indiana Code
Article 4. Unemployment Compensation System
Chapter 9. Period, Election, and Termination of Employer's Coverage
22-4-9-2. Application for Termination of Coverage
22-4-9-3. Successor Employers; Period of Coverage
22-4-9-4. Election of Coverage for Two Years
22-4-9-5. Services Specifically Excluded; Election of Coverage for Two Years
22-4-9-6. Rights of Employees; Claims; Informational Material; Display