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S.D. Codified Laws § 34A-13-20.1

Transfer of funds to and from state highway fund

Known as the Petroleum Inspection and Release Compensation Act

The act spans §§ 34A-13-1 to 34A-13-9.2 (62 sections).

Source: SL 2018, ch 124, § 2.

If the balance of the petroleum release compensation fund falls below two million dollars and has additional accounts payable that exceed projected monthly deposits pursuant to § 34A-13-20, a transfer shall be made from the state highway fund to the petroleum release compensation fund in an amount that brings the balance of the petroleum release compensation fund to five million dollars.

Any balance in the petroleum release compensation fund in excess of six million dollars, after any monthly deposit made pursuant to § 34A-13-20, shall be transferred to the state highway fund.

Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.