The state's attorney must commence an action on the director of equalization's bond for the amount of taxes lost for such willful failure or willful neglect. On trial of such action, the value of the property unassessed being shown, judgment for the amount of taxes that should have been collected thereon must be entered.
S.D. Codified Laws § 10-3-40
Action on director's bond for taxes lost through failure or neglect--Judgment
Source: SL 1957, ch 477, § 12; SDC Supp 1960, § 57.03A12.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.