Sec. 12. “Base period” means the first four (4) of the last five (5) completed calendar quarters immediately preceding the first day of an individual’s benefit period. However, for a claim computed in accordance with IC 22-4-22, the base period shall be the base period as outlined in the paying state’s law.

Formerly: Acts 1947, c.208, s.212; Acts 1971, P.L.355, SEC.2. As amended by P.L.86-2018, SEC.188.