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.
They would not be combinable for experience rating. Husbands and wives are considered individuals for workers' compensation purposes.
When a company is sold, the experience is transferred to the new owner.
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.