Section 562. Termination of coverage

1. Required coverage. (a) Any employer
  who  has  once  become  liable for contributions under this article with
  respect to persons other than persons employed in personal  or  domestic
  service in private homes shall cease to be liable as of the first day of
  the   calendar   quarter  next  following  the  filing  of  his  written
  application provided the commissioner finds that the  employer  has  not
  with  respect to such persons paid remuneration of three hundred dollars
  or more in any of the four calendar quarters preceding such day.
    (b) Any employer who has once become liable  for  contributions  under
  this  article  with  respect to persons employed in personal or domestic
  service in a private home shall cease to be liable as of the  first  day
  of  the  calendar  quarter  next  following  the  filing  of his written
  application, provided the commissioner finds that the employer  has  not
  with  respect  to such persons paid remuneration in cash of five hundred
  dollars or more in any of the four calendar quarters preceding such day.
    2. Voluntary coverage. Any employer who has elected to  become  liable
  for  contributions  under  this  article  may  terminate  such liability
  hereunder after the expiration  of  the  second  calendar  year  of  his
  liability,  as  of  the  first  day of any calendar quarter, provided he
  files with the commissioner a written notice of his intent to  terminate
  liability  hereunder  before  the  first  day  of  the  calendar quarter
  beginning with which this liability is to terminate.
    3. Non-payment of wages. Any  employer  who  has  paid  no  wages  for
  employment  in  this  state  during a period of four consecutive payroll
  years shall cease to be an employer liable for contributions as  of  the
  end of the last of such payroll years.