(40 ILCS 5/21-117) (from Ch. 108 1/2, par. 21-117)
Sec. 21-117.
Inactivation.
Any political subdivision which ceases its corporate existence as the result of legal
dissolution, annexation, or consolidation, shall promptly notify the
State Agency and furnish
legal documentation of such fact, whereupon the State Agency shall notify
the Secretary of the U.S. Department of Health and
Human Services to permanently inactivate
the coverage and reporting requirements applicable to such entity. If any
employees remain upon the payroll of the entity beyond the official date
of dissolution, the notice to the State Agency shall specify the ending
date of the calendar month in which their employment relationship shall
cease, and the coverage and reporting requirements under the entity's agreement
shall continue upon any wages paid during that period. The dissolution
notice must identify the name and address of the repository where the payroll
books and records of the dissolved entity shall be preserved for the statutory period.
(Source: P.A. 84-1028.)
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