South Dakota Statutes

§ 40-21-16 — Separate fund for sale proceeds of undetermined ownership held by board--Period for which held--Payment to owner on proof of ownership.

South Dakota § 40-21-16
JurisdictionSouth Dakota
Title 40ANIMALS AND LIVESTOCK
Ch. 40-21BRAND INSPECTION AND THEFT PREVENTION

This text of South Dakota § 40-21-16 (Separate fund for sale proceeds of undetermined ownership held by board--Period for which held--Payment to owner on proof of ownership.) 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 § 40-21-16 (2026).

Text

Any funds held by the board from the sale of livestock of undetermined ownership shall be placed into a separate interest bearing fund. Such funds shall be kept for a period of time not to exceed one year. If proof of ownership is made, satisfactory to the board within one year, all proceeds less authorized deductions shall be paid to the owner.

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Legislative History

SL 1943, ch 142, § 11; SL 1949, ch 144, § 4; SDC Supp 1960, § 40.12A06; SL 1967, ch 165; SL 1988, ch 328, § 91.

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Bluebook (online)
South Dakota § 40-21-16, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/40-21-16.