Interest on delinquencies in county payments to state.

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4-3-14. Interest on delinquencies in county payments to state.

All remittances not received from counties within the time provided by this chapter shall bear interest at the Category A rate of interest as established in §54-3-16 from the first day of the month on which the remittance became due, and the interest shall be credited to the general fund.

Source: SL 1891, ch 113, §6; RPolC 1903, §325; RC 1919, §6939; SL 1921, ch 382, §6; SDC 1939, §55.2311; SL 1983, ch 28, §1; SL 1984, ch 30, §26; SL 1984, ch 319, §3.


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