Statutes > South Dakota Statutes > Title 4 - PUBLIC FISCAL ADMINISTRATION > Chapter 06A - Insurance of Public Deposits > Section 4-6A-10 - Payment to public officers after loss determined--Procedures.

Section 4-6A-10 - Payment to public officers after loss determined--Procedures.

4-6A-10. Payment to public officers after loss determined--Procedures. When the Public Deposit Protection Commission determines that a loss has occurred, the commission shall, as soon as possible, make payment to the proper public officers of all funds subject to such loss, pursuant to the procedures set forth in §§ 4-6A-11 to 4-6A-15, inclusive.

Source: SL 1974, ch 39, § 9.