2016 South Dakota Codified Laws
Title 12 - ELECTIONS
Chapter 28 - Government Accountability and Anti-Corruption
§ 12-28-21 Expiration of democracy credit_Risk of contingencies.
12-28-21. Expiration of democracy credit--Risk of contingencies. A democracy credit expires if the holder is not a registered voter and resident in the state, or is not eligible to make political contributions under state or federal law, if such circumstances take place prior to the assignment to a participating candidate. The holder of a democracy credit assumes the risk that holder may change holder's mind after assignment, or that the democracy credit may not have use or be redeemed due to any contingency, including but not limited to unavailability of Program funds; the assignee candidate becoming ineligible to further redeem democracy credits for reasons including, but not limited to, the candidate's reaching the applicable redemption limits pursuant to §§ 12-28-31 and 12-28-32; a candidate's death, disqualification, withdrawal, failure to redeem or use the democracy credit; or otherwise as determined by commission rule.
Source: Initiated Measure 22, § 49, eff. Nov. 16, 2016.
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