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Showing posts with label Notice of Election. Limited Liability Corporation. Show all posts
Showing posts with label Notice of Election. Limited Liability Corporation. Show all posts

Friday, January 28, 2022

Limited Liability Corporation Is Bound by Election of Coverage for Members

The NJ Appellate Division ruled that the members of a Limited Liability Corporation had an affirmative responsibility to elect workers' compensation coverage. Since the corporation failed to do so, liability cannot be shifted to the Workers' Compensation insurance producer or the insurance company.