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§ 8-622. Power to terminate elections

West's Annotated Code of MarylandLabor and EmploymentEffective: October 1, 2017

West's Annotated Code of Maryland
Labor and Employment
Title 8. Unemployment Insurance (Refs & Annos)
Subtitle 6. Contributions (Refs & Annos)
Part III. Reimbursement Payments (Refs & Annos)
Effective: October 1, 2017
MD Code, Labor and Employment, § 8-622
§ 8-622. Power to terminate elections
Currentness
Failure to file bond or make deposit
(a)(1) If a nonprofit organization fails to file a bond or make a deposit of money or securities in accordance with § 8-618 of this subtitle, the Secretary may terminate the election.
(2) A termination under paragraph (1) of this subsection shall continue for at least 1 year beginning with the first day of the calendar quarter in which the termination becomes effective.
(3) For good cause, the Secretary may extend the period for submitting collateral for not more than 120 days.
Late payments
(b)(1) If a nonprofit organization is delinquent in making reimbursement payments, the Secretary may terminate the election as of the next January 1.
(2) A termination under this subsection shall be effective for 2 calendar years.

Credits

Added by Acts 1991, c. 8, § 2, eff. Oct. 1, 1991. Amended by Acts 2017, c. 631, § 1, eff. Oct. 1, 2017.
Formerly Art. 95A, § 8.
MD Code, Labor and Employment, § 8-622, MD LABOR & EMPLY § 8-622
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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