S.D. Codified Laws § 5-18B-8

Forfeited funds accrue to funds provided for construction

Source: SL 2010, ch 31, § 47.

Any funds forfeited by a bidder or surety shall accrue to the funds provided for construction of the public improvement.

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