KRS 341.250: Employer's coverage -- Period -- Termination -- Election of liability.

(1) Any employing unit that becomes subject to this chapter within any calendar

year shall be considered a subject employer during the whole of that calendar

year, except as specifically provided elsewhere in this section or this chapter.

(2) Except as provided in subsections (3) and (5) of this section, a subject

employer shall cease to be a subject employer only as of the first day of

January of any calendar year if he files with the Office of Unemployment

Insurance on or before the fifteenth day of April of that year, a written

application for termination of coverage, and the covered employment

performed for such subject employer within the preceding calendar year was

not sufficient to render an employing unit a subject employer under KRS

341.070. The secretary may, however, after notifying such employer in writing

at his last known address, terminate the coverage of any subject employer as

of the first day of January of any calendar year if such subject employer has

had no individuals in covered employment in this state at any time during the

three (3) preceding calendar years, and the balance of such employer's

reserve account may be immediately transferred to the pooled account.

(3) (a) Any employing unit not otherwise subject to this chapter that files with the

office its written election to become a subject employer for not less than

two (2) calendar years shall, with the written approval of such election by

the secretary, become subject hereto to the same extent as all other

subject employers, as of the date stated in such approval, but not with

respect to the period previous to such date. Such subject employer shall

cease to be subject hereto as of January 1 of any calendar year

subsequent to such two (2) calendar years, only if on or before April 15 of

such year, it has filed with the office a written notice to that effect.

(b) Any employing unit for which services that do not constitute covered

employment are performed may file with the office a written election that

all such services performed by individuals in its employ in one (1) or more

distinct establishments or places of business shall be considered to

constitute covered employment by a subject employer for all the purposes

of this chapter for not less than two (2) calendar years. Upon written

approval of such election by the secretary, such services shall be

considered to constitute covered employment from and after the date

stated in such approval, but not with respect to the period previous to

such date. Such services shall cease to be considered covered

employment subject hereto as of January 1 of a calendar year

subsequent to such two (2) calendar years, only if on or before April 15 of

such year such employing unit has filed with the office a written notice to

that effect.

(c) Any employing unit having service performed in covered employment

solely by reason of KRS 341.050(1)(h) may terminate such service as

"covered employment" as of the first day of January of any calendar year

if such service does not meet the provisions of paragraph (e), (f) or (g),

but only if on or before April 15 of such year, the employing unit has filed

with the office a written request to terminate service as "covered

employment."

(4) An employing unit that becomes a subject employer under KRS 341.070(7),

shall become subject as of the date of acquisition.

(5) Notwithstanding the provisions of subsections (1), (2), and (3) of this section,

any subject employer whose entire reserve account has been transferred to a

successor in interest as provided for in KRS 341.540 shall immediately cease

to be a subject employer and shall thereafter become a subject employer only

upon his future employment experience.