Where employers declare bankruptcy, cancellation, disbandment or close-off, they shall notice handling organs in written for assets liquidation within 15 days after declaration, and assets shall be converted into current proceeds in accordance with law.

• 用人单位破产、撤销、解散或者关闭的，应当在公告之日起15日内，书面通知经办机构参加财产清算，并依法从资产变现收。