Legal Question in Workers Comp in New York
How much should each owner in the corporation pay
This question is about a corporation where there are 37 owners, and 7 employees, Q should each owner have to pay in to the work men compensation and if so, are the owners paying this insurance for themselves or for the 7 employees.
Secondly how many employess must a corporation have before it is required to pay work mens compensation. And last is 225 dollors to much per owner.
Asked on 5/26/02, 9:08 am
1 Answer from Attorneys
Robert R. Groezinger
GroezingerLaw P.C.
Re: How much should each owner in the corporation pay
NYS Workers Compensation Law require WC Insurance for any business with at least one non-employer employee.
Robert R. Groezinger
Answered on 5/26/02, 4:24 pm