§ 47-16-61 Report of forfeited sums to administrator.

SD Codified L § 47-16-61 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

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.

Source: SL 1992, ch 312, § 40.