South Dakota Codified Laws 34-12-15.9. Surrender of funds on discharge of resident–Time allowed
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Upon discharge of a resident, all moneys and funds of that resident which have been entrusted to the home or other facility covered by §§ 34-12-15.1 to 34-12-15.10, inclusive, shall be surrendered to the resident or a legally empowered representative in exchange for a signed receipt. Moneys and valuables kept within the facility shall be surrendered upon demand, and those kept in an interest bearing demand trust account shall be made available within ten business days.
Terms Used In South Dakota Codified Laws 34-12-15.9
- Trust account: A general term that covers all types of accounts in a trust department, such as estates, guardianships, and agencies. Source: OCC
Source: SL 1977, ch 279, § 6; SL 1991, ch 271, § 5.