S.D. Admin. R. 20:44:26:04

Current through Register Vol. 51, page 67, December 16, 2024
Section 20:44:26:04 - Contractor required to reimburse the undertaking fund - Request for waiver possible

If a claim for recovery from the undertaking fund is resolved in favor of the submitter, the contractor shall reimburse the commission the amount of moneys spent to correct or finish the contractor's installation within 30 days after the determination of resolution is made.

The contractor may request a waiver of reimbursement from the commission within ten days after the determination of resolution is made. Upon receipt of a request for a waiver of reimbursement, the commission may grant the request for a waiver of reimbursement, partially grant the request for a waiver of reimbursement, or deny the request for a waiver of reimbursement.

S.D. Admin. R. 20:44:26:04

40 SDR 198, effective 5/28/2014.

General Authority: SDCL 36-16-20.

Law Implemented: SDCL 36-16-20.