10:11:01:01. Meaning of terms. Words and phrases defined in SDCL 1-55-1 have the same meanings when used in this article. In addition, terms used in this article mean:
(1) "Collection charge," the fee added by a debt collection agency to the total debt referred to it by the center, which is equal to 20 percent of the debt referred;
(2) "Cost recovery fee," the fee added by the center to the principal amount of debt referred for collection to the center by a referring entity;
(3) "Licensing agency," the Division of Motor Vehicles, Department of Public Safety, and Department of Game, Fish and Parks.
Source: 43 SDR 79, effective December 5, 2016.
General Authority: SDCL 1-55-15(1).
Law Implemented: SDCL 1-55-4, 1-55-14, 1-55-15(8)(9)(11).
