South Dakota § 61-6-44 Interest on benefit not repaid--Interest paid into employment security contingency fund.

South Dakota Statutes

§ 61-6-44 — Interest on benefit not repaid--Interest paid into employment security contingency fund.

South Dakota § 61-6-44

Title 61REEMPLOYMENT ASSISTANCE

Ch. 61-5AREEMPLOYMENT ASSISTANCE BENEFITS

This text of South Dakota § 61-6-44 (Interest on benefit not repaid--Interest paid into employment security contingency fund.) 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 § 61-6-44 (2026).

Text

Any benefit erroneously paid which is not repaid shall bear interest at the rate of Category C rate of interest under subdivision 54-3-16 (3). If the claimant was at fault in causing the overpayment, interest applies from the date of the determination of overpayment until payment plus accrued interest is received by the department. If the overpayment was without fault of the claimant, interest shall apply only to any balance unpaid six months after the determination of overpayment and shall continue until payment plus accrued interest is received by the department. Interest collected pursuant to this section shall be paid into the employment security contingency fund.

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Any benefit erroneously paid which is not repaid shall bear interest at the rate of Category C rate of interest under subdivision 54-3-16 (3). If the claimant was at fault in causing the overpayment, interest applies from the date of the determination of overpayment until payment plus accrued interest is received by the department. If the overpayment was without fault of the claimant, interest shall apply only to any balance unpaid six months after the determination of overpayment and shall continue until payment plus accrued interest is received by the department. Interest collected pursuant to this section shall be paid into the employment security contingency fund.