61-5A-7. Election by newly covered nonprofit organization--Time and minimum period of election.
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/sd/title-61/chapter-61-5/61-5a-7A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Any nonprofit organization which becomes subject to this title after January 1, 1972 may elect to become liable for payments in lieu of contributions for a period of not less than two calendar years beginning with the date on which such subjectivity begins by filing a written notice of its election with the department not later than thirty days immediately following the date of the determination of such subjectivity.