South Dakota § 49-31-117 - Commission disbursement of certain bond or other proceeds to affected customers--Interest.
Full text of South Dakota South Dakota Codified Laws § 49-31-117 — Commission disbursement of certain bond or other proceeds to affected customers--Interest., with citation guidance and answers to common questions.
§ 49-31-117. Commission disbursement of certain bond or other proceeds to affected customers--Interest.
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.
Source: SL 2005, ch 248, § 1.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 49-31-117
What does South Dakota Codified Laws § 49-31-117 cover?
Section 49-31-117 ("Commission disbursement of certain bond or other proceeds to affected customers--Interest.") 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 § 49-31-117?
A common citation format is "South Dakota Codified Laws § 49-31-117" (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 § 49-31-117 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.