Whenever there is a change in ownership, a change in the legal status, a change in the name of the company, or a second entity is purchased.
When a company is sold, the experience is transferred to the new owner.
They would not be combinable for experience rating. Husbands and wives are considered individuals for workers' compensation purposes.
The experience of the company that was purchased will be combined with the experience of your existing company to create a single experience modification that will apply to both companies.
General Partners are considered majority owners in a Limited Partnership.