South Dakota Statutes

§ 61-5-15 — Termination of coverage on transfer of account to successor in business.

South Dakota·Title 61 REEMPLOYMENT ASSISTANCE·Ch. 61-4 EMPLOYERS' CONTRIBUTIONS AND ACCOUNTS
The department shall terminate the coverage of any employing unit as of the date on which the employer ceases to have employment because of the sale of the employer's entire business and the employing unit's entire rating account is transferred to another employer under § 61-5-42 .

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South Dakota § 61-5-15 (Termination of coverage on transfer of account to successor in business.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SDC 1939, § 17.0823 (2) as added by SL 1961, ch 107, § 2; SL 2008, ch 277, § 106; SDCL §

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