South Dakota § 43-41B-24 - Unclaimed property moneys received--Unclaimed property operating fund--Record required.
Full text of South Dakota South Dakota Codified Laws § 43-41B-24 — Unclaimed property moneys received--Unclaimed property operating fund--Record required., with citation guidance and answers to common questions.
§ 43-41B-24. Unclaimed property moneys received--Unclaimed property operating fund--Record required.
Except as otherwise provided by this section, the administrator shall promptly deposit in the general fund all moneys received under this chapter, including the proceeds from the sale of abandoned property under § 43-41B-23, not to exceed the general fund contribution limit, as defined in § 43-41B-24.3, in a fiscal year.
The administrator shall maintain in a separate unclaimed property operating fund an amount not more than five hundred thousand dollars from which the administrator must make prompt payment of claims duly allowed. Before making the deposit, the administrator must record the name and last known address of each person appearing from the holders' reports to be entitled to the property and the name and last known address of each insured person or annuitant and beneficiary, and with respect to each policy or contract listed in the report of an insurance company, its number, the name of the company, and the amount due. The record must be available for public inspection at all reasonable business hours.
Source: SL 1992, ch 312, § 23; SL 1993, ch 327, § 1; SL 2024, ch 180, § 1; SL 2025, ch 184, § 1.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 43-41B-24
What does South Dakota Codified Laws § 43-41B-24 cover?
Section 43-41B-24 ("Unclaimed property moneys received--Unclaimed property operating fund--Record required.") 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 § 43-41B-24?
A common citation format is "South Dakota Codified Laws § 43-41B-24" (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 § 43-41B-24 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.