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§ 61-5A-8 Continuation of nonprofit organization's or political subdivision's election until terminated.

SD Codified L § 61-5A-8 (2019) (N/A)
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61-5A-8. Continuation of nonprofit organization's or political subdivision's election until terminated. Any nonprofit organization which makes an election in accordance with § 61-5A-6 or 61-5A-7 or any political subdivision which makes an election in accordance with § 61-5A-5.2 will continue to be liable for payments in lieu of contributions until it files with the department a written notice terminating its election not later than thirty days prior to the beginning of the taxable year for which such termination shall first be effective.

Source: SL 1971, ch 276, § 54; SL 1977, ch 420, § 24.

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§ 61-5A-9 Change by nonprofit organization or political subdivision from contribution to reimbursement of benefits--Minimum period of election.