Notwithstanding the forfeiture of any money or property as provided in §§ 47-16-54 to 47-16-58, inclusive, the board of directors, in its discretion, at any time after such forfeiture, may authorize the payment of any such money, or delivery of any such property, to the person or persons who would have been entitled to receive the same in the absence of such forfeiture.
S.D. Codified Laws § 47-16-59
Discretionary payment to claimant after forfeiture
Source: SDC 1939, § 11.1132 (5) as enacted by SL 1965, ch 23, § 1.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.