South Dakota § 36-21A-114 - Suspension of license when payment from fund authorized--Repayment to fund required for reinstatement.
Full text of South Dakota South Dakota Codified Laws § 36-21A-114 — Suspension of license when payment from fund authorized--Repayment to fund required for reinstatement., with citation guidance and answers to common questions.
§ 36-21A-114. Suspension of license when payment from fund authorized--Repayment to fund required for reinstatement.
If the commission pays from the fund any amount in settlement of a claim or toward satisfaction of a judgment against a licensee, the license shall automatically be suspended upon the effective date of an order by the court authorizing payment from the fund. No licensee may be reinstated or issued a license until he has repaid in full the amount paid from the fund on his account plus interest thereon at the Category A rate of interest as established in § 54-3-16. A discharge in bankruptcy does not relieve a person from the penalties and disabilities provided in this section.
Source: SL 1992, ch 273, § 114.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 36-21A-114
What does South Dakota Codified Laws § 36-21A-114 cover?
Section 36-21A-114 ("Suspension of license when payment from fund authorized--Repayment to fund required for reinstatement.") is part of the South Dakota Codified Laws, the codified statutory law of South Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Dakota § 36-21A-114?
A common citation format is "South Dakota Codified Laws § 36-21A-114" (South Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Dakota official source linked on this page or consult a licensed South Dakota attorney.
How does South Dakota § 36-21A-114 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Dakota.