S.D. Codified Laws § 47-16-61

Current through the 2024 Legislative Session
Section 47-16-61 - Report of forfeited sums to administrator

Cooperatives organized pursuant to chapters 47-15 and 47-21 shall report to the administrator all sums forfeited pursuant to procedures as provided in §§ 47-16-54 to 47-16-59, inclusive. A municipally owned utility which provides for forfeiture of unclaimed property by ordinance shall deposit sums forfeited to its treasury and annually report such deposits to the administrator.

SDCL 47-16-61

SL 1992, ch 312, § 40.