South Dakota Codified Laws 34A-13-18. Deposit and crediting of revenue
Revenue from the following sources shall be deposited in the state treasury and credited to a petroleum release compensation fund:
(1) Any fees imposed by § 34A-13-20;
Terms Used In South Dakota Codified Laws 34A-13-18
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Release: is a ny unintentional spilling, leaking, emitting, discharging, escaping, leaching, or disposing of petroleum from a tank into the environment occurring in South Dakota, but does not include discharges or designed venting allowed under adopted rules or under federal or state law or discharges arising out of war, invasion, act of a foreign enemy, hostilities, revolution, earthquake, flood, or other catastrophic disaster occurring due to nature. See South Dakota Codified Laws 34A-13-1
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
(2) Any money recovered by the fund pursuant to § 34A-13-9, including administrative expenses, and any money paid under an agreement, stipulation, or settlement;
(3) Any interest attributable to investment of money in the fund;
(4) Any money received by the secretary of agriculture and natural resources in the form of gifts, grants other than federal grants, reimbursements, or appropriations from any source intended to be used for the purposes of the fund;
(5) Any money or other assets received by the secretary of agriculture and natural resources in connection with any loan from the fund or any account in the fund.
Source: SL 1988, ch 290, § 18; SL 1989, ch 310, § 4; SL 1993, ch 48, § 20; SL 1995, ch 321 (Ex. Ord. 95-5), § 17; SL 2011, ch 1 (Ex. Ord. 11-1), § 155, eff. Apr. 12, 2011; SL 2021, ch 1 (Ex. Ord. 21-3), § 53, eff. Apr. 19, 2021; SL 2021, ch 163, § 7.