S.D. Codified Laws § 3-12C-404

Current through the 2024 Legislative Session

Section 3-12C-404 - Deduction of delinquent contributions from payments due from state-Penalty and interest

If any participating unit becomes delinquent thirty or more days by failure or refusal to pay any amounts due to the system, the state treasurer shall, upon certification by the executive director of the delinquency, withhold and deduct the amount of the delinquency, penalty, and interest as specified in § 3-12C-403 from the next succeeding payment or payments of any money in the hands of the state treasurer due and payable to the participating unit.

SDCL 3-12C-404

SL 1959, ch 84, § 30; SDC Supp 1960, § 15.3934 (2); SL 1967, ch 50, § 5; SDCL § 13-45-38; SL 1970, ch 25, § 13; SDCL Supp, § 3-12-23.1; SL 1974, ch 35, § 32; SL 2008, ch 20, §8, eff. Jan. 1, 2009; SL 2016, ch 31, §12; SDCL § 3-12-74; SL 2019, ch 22, §1.