61-5-23. Rules establishing method of computing employers' contributions.

The secretary of labor and regulation shall promulgate rules pursuant to chapter 1-26 to establish the method for determining the contribution rate applicable to each employer on the basis of the employer's actual experience in the payment of contributions and with respect to benefits charged against the employer's individual experience-rating account, in accordance with the requirements of §§ 61-5-24 to 61-5-28, inclusive and 61-5-31.

Source: SL 1937, ch 224, § 3; SDC 1939, § 17.0822 (3); SL 1947, ch 89, § 1; SDC Supp 1960, § 17.0822 (2); SL 1961, ch 106, § 2; SL 1993, ch 375, § 27; SL 2008, ch 277, § 76; SL 2011, ch 1 (Ex. Ord. 11-1), § 33, eff. Apr. 12, 2011; SDCL § 61-5-17; SL 2012, ch 252, § 59.