South Dakota Codified Laws 10-50-87. Financial information to be made available to attorney general
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The attorney general may require a nonparticipating manufacturer to provide proof from the financial institution in which the manufacturer has established a qualified escrow fund for the purpose of compliance with chapter 10-50B, of the amount of money in the fund being held in escrow, the dates of deposits, and a listing of the amounts of all withdrawals from the fund and the dates thereof.
Terms Used In South Dakota Codified Laws 10-50-87
- Escrow: Money given to a third party to be held for payment until certain conditions are met.
Source: SL 2003, ch 74, § 16.