404.1286—Time limitations on assessments—for wages paid prior to 1987.
(a)
Subject to the exceptions to the time limitations in §§ 404.1287 and 404.1289, a State is not liable for an amount due under an agreement unless the Commissioner makes an assessment for that amount before the later of the following periods ends:
(1)
Three years, 3 months, and 15 days after the year in which the wages, upon which the amount is due, were paid; or
(b)
Where the time limitation ends on a weekend, legal holiday or Federal nonworkday, an assessment is considered timely if the Commissioner makes the assessment on the next Federal workday.