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2018 South Dakota Codified Laws
Title 47 - CORPORATIONS
Chapter 16 - Cooperatives--Membership, Stock And Distributions
§ 47-16-61 Report of forfeited sums to administrator.
Universal Citation: SD Codified L § 47-16-61 (2018)
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.
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