South Dakota Statutes

§ 61-5A-16 — Liability of surety on bond on failure of organization to pay.

South Dakota·Title 61 REEMPLOYMENT ASSISTANCE·Ch. 61-5A REIMBURSEMENT OF BENEFITS IN LIEU OF CONTRIBUTIONS
Failure by any organization covered by a bond required by § 61-5A-12 to pay the full amount of payments in lieu of contributions when due, together with any applicable interest and penalties provided for in § 61-5A-33 , shall render the surety liable on said bond to the extent of the bond, as though the surety was such organization.

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South Dakota § 61-5A-16 (Liability of surety on bond on failure of organization to pay.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1971, ch 276, § 68.

Nearby Sections

15
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