South Dakota Statutes

§ 40-33-14 — Apportionment of bond proceeds when insufficient to satisfy claims.

South Dakota § 40-33-14
JurisdictionSouth Dakota
Title 40ANIMALS AND LIVESTOCK
Ch. 40-32DEALERS IN POULTRY, EGGS AND DAIRY PRODUCTS

This text of South Dakota § 40-33-14 (Apportionment of bond proceeds when insufficient to satisfy claims.) 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 § 40-33-14 (2026).

Text

If the dealer at wholesale has become liable to more than one person by reason of breaches of the conditions of the bond and the amount of the bond is insufficient to pay the entire liability to all persons entitled to the protection of the bond, the penalty of the bond as against the sureties shall be apportioned among the several claimants.

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Legislative History

SL 1955, ch 5, § 5; SDC Supp 1960, § 4.2405.

Nearby Sections

15
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Bluebook (online)
South Dakota § 40-33-14, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/40-33-14.