Valley Metal Products Co. v. Employment Security Commission

This action requires the construction of certain portions of section 22 of the employment security act, as then last amended by PA 1955, No 281, being CLS 1956, § 421.22 (Stat Ann 1955 Cum Supp § 17.524). * This section of the act deals with a transfer of the assets in whole or in part by one business to another by any means other than in the ordinary course of trade. It also provides for a determination by the commission and the assignment of a portion of the transferor’s rating account to the transferee and deals with the method of computing and determining the portion of the rating…