Section 62-5-7 - Failure to secure payment as election not to operate under title

62-5-7. Failure to secure payment as election not to operate under title.Any employer other than the state, a municipality, or other political subdivision of this state, who has failed to comply with the provisions of §§62-5-1 to 62-5-5, inclusive, shall be deemed to have elected not to operate under the provisions of this title. Source: SDC 1939, §64.0106.