South Dakota Codified Laws 62-3-5.1. Notice by corporate officer rejecting coverage–Withdrawal of rejection
Section 62-3-3 does not apply to an executive officer of a corporation who, at the time of the officer’s election or appointment, or more than thirty days prior to the officer’s injury or death or, in the case of chapter 62-8, thirty days prior to contracting or incurring any occupational disease, serves upon the corporation, personally or by certified mail, written notice of election to reject the provisions of this title. The rejection may be withdrawn by the officer by serving a written notice in the same manner upon the corporation more than thirty days prior to the officer’s injury or death or, in the case of chapter 62-8, thirty days prior to contracting or incurring any occupational disease.
Terms Used In South Dakota Codified Laws 62-3-5.1
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- written: include typewriting and typewritten, printing and printed, except in the case of signatures, and where the words are used by way of contrast to typewriting and printing. See South Dakota Codified Laws 2-14-2
Source: SDCL § 62-3-3 as added by SL 1971, ch 279, § 1; SL 1978, ch 370, § 4; SL 2008, ch 278, § 8.