State Codes and Statutes

Statutes > South-dakota > Title-49 > Chapter-43 > Statute-49-43-5-5

49-43-5.5. Filing of other financial documents in lieu of bond. If the Public Utilities Commission determines, because a corporate surety company becomes insolvent or ceases to write grain warehouse bonds in this state, that a bond in the sum required by § 49-43-5.3 cannot be executed, the commission may, by rule, authorize the filing of other financial documents in lieu of a corporate surety bond.

Source: SL 1987, ch 355, § 2.

State Codes and Statutes

Statutes > South-dakota > Title-49 > Chapter-43 > Statute-49-43-5-5

49-43-5.5. Filing of other financial documents in lieu of bond. If the Public Utilities Commission determines, because a corporate surety company becomes insolvent or ceases to write grain warehouse bonds in this state, that a bond in the sum required by § 49-43-5.3 cannot be executed, the commission may, by rule, authorize the filing of other financial documents in lieu of a corporate surety bond.

Source: SL 1987, ch 355, § 2.