Section 58-5A-11.1 - Cost of hearing officer--Retention of various experts at acquiring person's expense. - South-dakota Statutes

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Statutes > South-dakota > Title-58 > Chapter-05a > Statute-58-5a-11-1

58-5A-11.1. Cost of hearing officer--Retention of various experts at acquiring person's expense. If the director appoints a hearing officer to preside at the hearing pursuant to § 58-5A-9, the cost of employing the hearing officer shall be borne entirely by the entity making the filing of the information statement required by § 58-5A-4.
The director may retain at the acquiring person's expense any attorneys, actuaries, accountants, and other experts not otherwise a part of the director's staff as may be reasonably necessary to assist the director in reviewing the proposed acquisition of control.

Source: SL 1985, ch 388; SL 1992, ch 341, § 6.

State Codes and Statutes

Statutes > South-dakota > Title-58 > Chapter-05a > Statute-58-5a-11-1

58-5A-11.1. Cost of hearing officer--Retention of various experts at acquiring person's expense. If the director appoints a hearing officer to preside at the hearing pursuant to § 58-5A-9, the cost of employing the hearing officer shall be borne entirely by the entity making the filing of the information statement required by § 58-5A-4.
The director may retain at the acquiring person's expense any attorneys, actuaries, accountants, and other experts not otherwise a part of the director's staff as may be reasonably necessary to assist the director in reviewing the proposed acquisition of control.

Source: SL 1985, ch 388; SL 1992, ch 341, § 6.

State Codes and Statutes

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State Codes and Statutes

Statutes > South-dakota > Title-58 > Chapter-05a > Statute-58-5a-11-1

58-5A-11.1. Cost of hearing officer--Retention of various experts at acquiring person's expense. If the director appoints a hearing officer to preside at the hearing pursuant to § 58-5A-9, the cost of employing the hearing officer shall be borne entirely by the entity making the filing of the information statement required by § 58-5A-4.
The director may retain at the acquiring person's expense any attorneys, actuaries, accountants, and other experts not otherwise a part of the director's staff as may be reasonably necessary to assist the director in reviewing the proposed acquisition of control.

Source: SL 1985, ch 388; SL 1992, ch 341, § 6.