South Dakota Statutes

§ 43-41B-24.4 — Trust fund for unclaimed property--Administration--Purpose--Appropriation.

South Dakota § 43-41B-24.4
JurisdictionSouth Dakota
Title 43PROPERTY
Ch. 43-41AUNIFORM UNCLAIMED PROPERTY ACT

This text of South Dakota § 43-41B-24.4 (Trust fund for unclaimed property--Administration--Purpose--Appropriation.) 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 § 43-41B-24.4 (2026).

Text

There is created in the state treasury the trust fund for unclaimed property. The fund consists of any net receipts from unclaimed property that exceed the maximum deposit requirements of § 43-41B-24.3 . The state treasurer shall administer the fund. The purpose of the fund is to provide for the return of unclaimed property, provide for the payment of audit expenses, and deposit into the general fund the distribution amount, in accordance with § 43-41B-24.5 . Distribution amounts from the fund must be budgeted through the general appropriation bill as provided for in § 43-41B-24.5 or expended by special appropriation. Moneys comprising the principal amount in the trust fund for unclaimed property may not be appropriated by the general appropriation bill or by special appropriation.

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Legislative History

SL 2025, ch 184, § 4.

Nearby Sections

15
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Bluebook (online)
South Dakota § 43-41B-24.4, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/43-41B-24.4.