Surplus proceeds of sale--Disposition.

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40-28-21. Surplus proceeds of sale--Disposition.

If the person suffering damage fails to bring an action within the time required or if there is a surplus remaining after the satisfaction of the judgment, the proceeds of a sale pursuant to §40-28-15 shall be paid by the clerk of courts to the owner of the animals. If the owner of the animals fails to claim the proceeds within six months, the money shall be paid over to the county treasurer and credited to the school fund of the county and shall be accounted for and expended as other school money.

Source: SL 1925, ch 294; SDC 1939 & Supp 1960, §37.2403; SL 1983, ch 290, §5.


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