Cancellation of bond

If a license is cancelled by the secretary as provided in this chapter and if the license holder has paid all taxes due and payable under this chapter, together with all penalties and interest accruing under the provisions of this chapter, then the secretary shall cancel the bond. Any negotiable instrument or security which is held in lieu of a surety bond shall be surrendered three years after the license is cancelled.

Last amended: Source: SL 1995, ch 71 , § 86.

Source: view the official text

In this chapter (40 sections)

10-47B-66 · Liquid petroleum gas user's license required
10-47B-67 · Ethanol producer's license required
10-47B-68 · Bulk plant operator's license required
10-47B-69 · Highway contractor fuel tax license required
10-47B-70 · Refund claimant license required
10-47B-71 · Information required on license form
10-47B-72 · Renewal of licenses
10-47B-73 · Reasons for refusal to issue license
10-47B-74 · Fuel license application process
10-47B-75 · Revocation and cancellation of license or…
10-47B-76 · Cancellation of license by written request
10-47B-77 · Cessation of business--Notice to secretary--Reports and…
10-47B-78 · Cancellation of license for non-activity--Request for…
10-47B-79 · Assignment of license prohibited--License presented upon…
10-47B-80 · Filing security concurrently with license application
10-47B-81 · Bond requirements
10-47B-82 · Form of security other than bond
10-47B-83 · Reasons for requiring increase in amount of security or…
10-47B-84 · Determining amount of increased security
10-47B-85 · Release of surety on a bond--Written request for…
10-47B-86 · Cancellation of bond
10-47B-87 · Surety company to send bond form, rider, amendment, or…
10-47B-88 · Decrease in bond amount, or waiver of bond, upon…
10-47B-89 · Display of license at place of business
10-47B-90 · Surrender of license upon discontinuance of business
10-47B-91 · Monthly report by supplier--Information required
10-47B-92 · Time for filing supplier's report
10-47B-93 · Necessary information reported by supplier
10-47B-94 · All fuel destined for South Dakota to be reported monthly…
10-47B-95 · Monthly report required from importer
10-47B-96 · Time for filing importer's report
10-47B-97 · Necessary information reported by importer
10-47B-98 · Monthly report required from terminal operator
10-47B-99 · Time for filing terminal operator's report
10-47B-100 · Necessary information reported by terminal operator
10-47B-101 · Monthly report required from bulk plant operator
10-47B-102 · Time for filing bulk plant operator's report
10-47B-103 · Necessary information to be reported by bulk plant operator
10-47B-104 · Monthly report required from exporter
10-47B-105 · Time for filing exporter's report

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