§ 39-51-1216

39-51-1216. Experience rating record voided when account inactive. An employer who has not had covered employment or whose coverage has been terminated because the employer has ceased to do business for 5 consecutive years is considered a new employer and may not be credited with the employer's previous experience for the purpose of computing any future 'experience factor'. History: En. Sec. 13, Ch. 685, L. 1979; amd. Sec. 1531, Ch. 56, L. 2009; amd. Sec. 9, Ch. 88, L. 2009.