California SB847 adds a new section to the Labor Code to address transfers of real property by uninsured employers.

California SB847 introduces Section 3720.2 to the Labor Code, focusing on transfers of real property by uninsured employers. This bill allows the director to determine if a transfer created a resulting trust for the benefit of the transferor. The director can make a prima facie finding based on specific circumstances, such as the transfer being to a relative or associate, or the transferor maintaining the property post-transfer. The director must notify the transferor and transferee of this determination and may record a lien against the property.

California SB847 adds a new section to the Labor Code to address transfers of real property by uninsured employers.

California SB847 introduces Section 3720.2 to the Labor Code, focusing on transfers of real property by uninsured employers. This bill allows the director to determine if a transfer created a resulting trust for the benefit of the transferor. The director can make a prima facie finding based on specific circumstances, such as the transfer being to a relative or associate, or the transferor maintaining the property post-transfer. The director must notify the transferor and transferee of this determination and may record a lien against the property.