39-2-1003. Requirements for closure or retrenchment.

117 words·~1 min read·/mt/title-39/chapter-2/part-10/39-2-1003

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

39-2-1003 . Requirements for closure or retrenchment. Upon making a decision to close or retrench, an employer shall:

(1)immediately notify the employees, the affected employee organizations, the affected local governments, and a newspaper of general circulation in the county where the governmental facility subject to closure or retrenchment is located; and

(2)within 90 days, provide the employees, the affected employee organizations, and the affected local governments with a written impact statement that includes information concerning:

(a)the number of employees affected;

(b)the amount of the affected employees' payroll;

(c)the potential tax losses to local governments and school districts;

(d)the effect on other businesses; and

(e)the reasons for the closure or retrenchment.