South Dakota § 3-12C-404 Deduction of delinquent contributions from payments due from state--Penalty and interest.

South Dakota Statutes

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

South Dakota § 3-12C-404

Title 3PUBLIC OFFICERS AND EMPLOYEES

Ch. 3-12BSOUTH DAKOTA RETIREMENT SYSTEM

This text of South Dakota § 3-12C-404 (Deduction of delinquent contributions from payments due from state--Penalty and interest.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.D. Codified Laws § 3-12C-404 (2026).

Text

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.

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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.

Legislative History

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 §