Any experience-rating account that has been transferred to a successor employer pursuant to § 61-5-42 based on the sale of property through contract for deed shall be returned to the seller at the seller's option if the buyer defaults on the contract.

Source: SL 1997, ch 301 , § 1; SDCL § 61-5-33.2 ; SL 2012, ch 252 , § 59.