2017 South Dakota Codified Laws
Title 61 - UNEMPLOYMENT COMPENSATION
Chapter 05A - Reimbursement Of Benefits In Lieu Of Contributions
§ 61-5A-14 Duration of surety bond--Renewal.

61-5A-14. Duration of surety bond--Renewal. Any bond deposited under § 61-5A-12 shall be in force for a period of not less than two taxable years and shall be renewed with the approval of the department, at such times as the department may prescribe, but not less frequently than at two-year intervals as long as the organization continues to be liable for payments in lieu of contributions.

Source: SL 1971, ch 276, § 68.

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