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§ 61-5-43 Circumstance warranting return of experience-rating accounts to sellers.

SD Codified L § 61-5-43 (2019) (N/A)
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61-5-43. Circumstance warranting return of experience-rating accounts to sellers. Any experience-rating account that has been transferred to a successor employer pursuant to § 61-5-42 based on the sale of property through contract for deed shall be returned to the seller at the seller's option if the buyer defaults on the contract.

Source: SL 1997, ch 301, § 1; SDCL § 61-5-33.2; SL 2012, ch 252, § 59.

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§ 61-5-42 Succession to experience-rating account on acquisition of business by another--Federal standards to be met.
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§ 61-5-44 New experience-rating account established after five years without coverage--Prior balances not considered--Exception.