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IF YOU ACQUIRED A BUSINESS
WYOMING WORKERS’ COMPENSATION
and UNEMPLOYMENT INSURANCE
TRANSFER OF EXPERIENCE RATE
When a person acquires the trade, organization, business, substantially all of the assets or
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some or all the workforce of an employer, that person shall assume the account(s), benefit
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experience (UI) / claims experience (WC) and tax rate(s) of the relinquishing party.
NOTE: A person who knowingly or with deliberate disregard of the facts or the requirements
of the Wyoming Employment Security Law or the Wyoming Workers’ Compensation Act,
violates or attempts to violate or who knowingly advises another to violate these Acts
related to determining the assignment of a contribution rate shall be subject to civil and
felony penalties punishable by a fine of not more than $50,000, imprisonment for not more
than 5 years, or both.
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Certification
The undersigned jointly confirm and certify to the Department that
_________________________________(“Acquiring Party”) acquired the trade,
organization, business, substantially all of the assets or some or all of the workforce of
_________________________________(“Relinquishing Party”) and understand that the
Acquiring Party shall assume the account(s), benefits experience (UI) / claims experience
(WC) and tax rate(s) of the Relinquishing Party based upon said acquisition.
Acquisition Effective Date: ______________________________________________
Acquiring Party’s Authorized Signature Date
Relinquishing Party’s Authorized Signature Date
1 The transfer of some or all of an employer’s workforce shall be considered a transfer of trade or
business when, as a result of the transfer, the transferring employer no longer performs trade or business
with respect to the transferred workforce, and the trade or business is performed by the person or
entity to whom the workforce is transferred.
2 If the relinquishing party remains in business or begins a new business, the relinquishing party shall be
treated as a new employer and assigned an account(s) and tax rate(s) as such. As a new employer, the
relinquishing party must submit a new, completed registration form.
3The Department may determine a predecessor/successor relationship without Acquiring Party or
Relinquishing Party signatures, based on available information and application of the statutes.
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