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§ 8-633. Action against purchaser of business

West's Annotated Code of MarylandLabor and Employment

West's Annotated Code of Maryland
Labor and Employment
Title 8. Unemployment Insurance (Refs & Annos)
Subtitle 6. Contributions (Refs & Annos)
Part IV. Enforcement and Collection (Refs & Annos)
MD Code, Labor and Employment, § 8-633
§ 8-633. Action against purchaser of business
Currentness
Notice of intent to acquire
(a) A person who acquires the business, organization, trade, or a substantial part of the assets of an employing unit shall notify the Secretary in writing by certified mail, return receipt requested, at least 10 days before the acquisition.
Effect of failure to submit notice
(b) If a person fails to give the notice required under subsection (a) of this section and if at the time of acquisition any contribution, reimbursement payment, or interest is due and unpaid by the previous employing unit:
(1) the acquisition shall be void as to the Secretary; and
(2) the Secretary may proceed against the person for collection in the manner provided in this Part IV of this subtitle.

Credits

Added by Acts 1991, c. 8, § 2, eff. Oct. 1, 1991.
Formerly Art. 95A, §§ 8, 15.
MD Code, Labor and Employment, § 8-633, MD LABOR & EMPLY § 8-633
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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