Section 115.02. Determining date of transfer.

  The effective date of a transfer of business shall be the date on which the transferee first has actual operating control over business assets and business activities. In determining the effective date of a transfer of business, the department shall consider:

(1)  Legal documents related to the transfer;

(2)  Any statements or documents tending to show that actual operating control was transferred on a date earlier than that reflected in legal documents related to the transfer; and

(3)  Any other relevant evidence.

History: Cr. Register, January, 1992, No. 433 , eff. 2-1-92.