ยง383-67 - Reserve ratio.
ยง383-67ย Reserve ratio.ย For the
calendar year 1970 and for each calendar year thereafter, an employer's reserve
ratio shall be determined by dividing the employer's most recent reserve
balance by the employer's most recent average annual payroll.ย The ratio shall
be rounded to the nearest ten-thousandths. [L 1941, c 304, ยง1, pt of subs 21;
RL 1945, ยง4252; am L 1945, c 19, ยง1(5); am L 1949, c 316, ยง1(4); am L 1951, c
195, ยง1(7); am L 1953, c 41, ยง1(9), (10); RL 1955, ยง93-66; am L 1964, c 55, ยง9;
HRS ยง383-67; am L 1969, c 277, ยง2; gen ch 1985]