N.J. Admin. Code § 12:19-1.3

Current through Register Vol. 56, No. 23, December 2, 2024

Section 12:19-1.3 - Partnerships

(a) A separate registration number and experience rating shall be assigned to each partnership that is composed of identical partners with identical interests, if all of the following conditions are met:

1. Each separate partnership joins in such a request to the Controller or the Controller's designee or the Controller or the Controller's designee determines that individual reporting is appropriate;

2. A separate written partnership agreement exists for each partnership;

3. The accounting records for each partnership are separately maintained; and

4. There is no commingling of the employment of the two or more partnerships.

N.J. Admin. Code § 12:19-1.3

Amended by R.1995 d.318, effective 6/19/1995.
See: 27 New Jersey Register 1518(a), 27 New Jersey Register 2408(a).
In (a) substituted "that is" for "of a group of two or more partnerships"; and extended (a)1 to the Controller's designee.