7 CCR 1101-2-8.1 - BONDING REQUIREMENTS

8.1.1 Statutory Reference: 8-70-114 and 8-76-110, C.R.S.

8.1.2 Bond Requirements. A surety bond, deposit of money, or securities, specified in 8-70-114(2)(g)(III) AND 8-76-110(4), C.R.S., shall be required only if the amount of the bond, deposit of money, or securities computed as provided in said sections is one hundred dollars or more.

8.1.3 Bond Calculation, Employee Leasing. The bond calculation required in section 8-70-114(2)(g)(III)(a), shall be based on the total premiums assessed under the employee-leasing company's unemployment insurance account, including premiums assessed for work-site employers required to report under the employee-leasing company's account. If in the prior year, the work-site employer reported under a separate unemployment insurance account, the premiums assessed for the work-site employer in the separate account shall be included in the bond calculation for the current year.

Notes

7 CCR 1101-2-8.1

37 CR 13, July 10, 2014, effective 8/1/2014 39 CR 08, April 25, 2016, effective 5/15/2016 39 CR 22, November 25, 2016, effective 12/15/2016 40 CR 11, June 10, 2017, effective 7/1/2017 40 CR 23, December 10, 2017, effective 12/30/2017 41 CR 08, April 25, 2018, effective 6/3/2018 41 CR 16, August 25, 2018, effective 9/14/2018 42 CR 06, March 25, 2019, effective 4/15/2019 43 CR 08, April 25, 2020, effective 3/20/2020 43 CR 06, March 25, 2020, effective 4/14/2020 43 CR 19, October 10, 2020, effective 10/30/2020