South Dakota Statutes

§ 49-31-117 — Commission disbursement of certain bond or other proceeds to affected customers--Interest.

South Dakota·Title 49 PUBLIC UTILITIES AND CARRIERS·Ch. 49-29 TELECOMMUNICATIONS SERVICES
Upon receipt of any bond, letter of credit, or other proceeds that are payable to the commission and were issued to protect the financial interests of customers of a telecommunications company, the commission shall disburse the proceeds to affected customers pursuant to chapter 1-26 . Any interest and other revenue earned on the proceeds shall accrue for the benefit of the affected customers.

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South Dakota § 49-31-117 (Commission disbursement of certain bond or other proceeds to affected customers--Interest.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 2005, ch 248, § 1.

Nearby Sections

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