Code of Maine Rules
12 - DEPARTMENT OF LABOR
170 - BUREAU OF LABOR STANDARDS
Chapter 3 - RULES GOVERNING ADMINISTRATION OF THE MAINE WAGE ASSURANCE FUND
Section 170-3-5 - Insolvency of Employer
Universal Citation: 12 ME Code Rules ยง 170-3-5
Current through 2024-13, March 27, 2024
The Director shall make a determination of insolvency and the date of termination of business upon receipt of any of the following documentation:
A. An affidavit from the employer or employer's representative stating that the employer has no assets from which earned wages may be paid;
B. A copy of the employer's petition in bankruptcy;
C. Information from financial institutions regarding the employer's assets and operations; or
D. Other reliable information.
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