§ 63.62. Assignment of contribution credit.
(a) Contribution credit which arose as a result of the 1949 and 1951 experience rating amendments to the Law (43 P. S. § § 781 and 781.1) may be transferred to a successor-in-interest or to any assignee. The credit shall be used solely for the payment of contributions, interest or penalties owing under the Law and may not be refunded.
(b) Request for the assignment of nonrefundable credit shall be made by submitting the request in duplicate and shall contain the essential information required.
(c) Credit may be transferred to more than one assignee, in which case the request shall be submitted in duplicate for each assignee.
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