Interest on untimely payments

SDCL § 43-41B-35 — under UNIFORM UNCLAIMED PROPERTY ACT.

SDCL § 43-41B-35

A person who fails to pay or deliver property within the time prescribed by this chapter shall pay to the administrator interest at the Category A rate on the property or value thereof from the date the property should have been paid or delivered. Source: SL 1992, ch 312 , § 34.