CMOS, it is a key switch. Looking at the book again trying to figure out problem. The switch appeared to be working, the one whole afternoon I had it out after I bought the boat, but it would usually stall. The stalling and rough to not running led me to do compression check which led to a complete overhaul. So if the way it is supposed to shut off, is by grounding the black/yellow wire to power pack, then that connection is not grounding when the switch is turned off. I think? The kill switch which is connected to the same post on ignition switch doesn't stop motor when activated either.
To Racerone, I hope I didn't hurt anything either.
Thank you both.