State of South Dakota
LEGISLATIVE ASSEMBLY, 2015
||HOUSE BILL NO. 1085 |
Introduced by: Representatives Otten (Herman) and Hawks and Senators Holien, Ewing, and Heinert
FOR AN ACT ENTITLED, An Act to revise certain provisions regarding the requirement for performance securities.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
Section 1. That § 5-21-1.1 be amended to read as follows:
5-21-1.1. The requirement of a performance security may be waived by a
corporations when corporation if
the bid submitted does not exceed
twenty-five thousand dollars the limit established pursuant to § 5-18A-14 for a public improvement
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Legislative Research Council at a cost of $.098 per page.
|Insertions into existing statutes are indicated by underscores.|
Deletions from existing statutes are indicated by