Interest on delinquencies in county payments to state

All remittances not received from counties within the time provided by this chapter shall bear interest at the Category A rate of interest as established in § 54-3-16 from the first day of the month on which the remittance became due, and the interest shall be credited to the general fund. Source: SL 1891, ch 113 , § 6; RPolC 1903, § 325; RC 1919, § 6939; SL 1921, ch 382 , § 6; SDC 1939, § 55.2311; SL 1983, ch 28 , § 1; SL 1984, ch 30 , § 26; SL 1984, ch 319 , § 3.