Oklahoma Statutes (Last Updated: September 18, 2014)

§ 40-3-112. Employers with at least one year's experience.

Latest version.

EMPLOYERS WITH AT LEAST ONE YEAR'S EXPERIENCE.
For each calendar year commencing after December 31, 1954, for those employers who have had at least one (1) year of compensation experience, the Commission shall determine the contribution rate of each such employer on the basis of his compensation experience as determined by the fund's maximum liability for benefits to their employees who have been paid benefits modified by the state experience as to the average duration of benefit payments as provided by law.

Added by Laws 1980, c. 323, § 3-112, eff. July 1, 1980. Amended by Laws 2013, c. 71, § 11, eff. Nov. 1, 2013.

                    
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