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  • Notification Of Ownership Change Or Combinability Of Entities

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Notification of Change in Ownership and/or Combinability of Entities. Form 601 ( Rev. 09/2007). Form PE601.07-0901.

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These comprehensive inspections ensure that insurers use the proper classification assignments when reporting data to the WCIRB regarding an employer's workers' compensation insurance policy.

It is a criminal offense for an employer to be unlawfully uninsured regardless of whether or not an employee is injured. California Labor Code Section 3700.5 specifies that it is a misdemeanor punishable by either a fine not less than $10,000 or imprisonment in the county jail for up to one year, or both.

If a majority of the LLC's members also owns a majority stake in the corporation, the entities are combinable for experience rating purposes. For example, an LLC with three members would be combinable with a corporation if two of the LLC members own a majority of the voting stock (or shares) of the corporation.

The ERM-14 form is used to request ownership information and may be used in a variety of instances, including when there has been a change in ownership, when an entity needs to be added later or when multiple entities need to be considered for combinability.

About The WCIRB The Workers' Compensation Insurance Rating Bureau of California® (WCIRB) is California's trusted, objective provider of actuarially-based research integral to a healthy workers' compensation system.

Requirements. To qualify for WCIRB CompEssentials certification, an individual must successfully complete four CompEssentials courses – About the System, Classification Basics, Experience Rating Fundamentals and Ownership and Experience Rating – within an 18-month period.

Why is the ERM-14 form necessary? to the state for proof of coverage reporting. If the employer's name or entity type has changed, the proof of insurance coverage may not get reported accurately. As a result, the employer may receive a letter from the state asking for proof of coverage.

Agents, brokers and insurers can submit ownership information electronically through WCIRB Connect. This feature replaces submissions using WCIRB Form 601, Notification of Change in Ownership and/or Combinability of Entities Form.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232