<html> <head> <title>Rule 06:04:01:06 Repayment of award and interest.</title> <META NAME="Keywords" Content="Administrative Rules 06:04:01:06"> <META NAME="Description" Content="Administrative Rules 06:04:01:06 Repayment of award and interest."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>6:04:01:06.&nbsp;&nbsp;Repayment of award and interest.</b> Repayments are to be made in the following manner:</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1)&nbsp;&nbsp;Payments are due on the first day of the month starting in the month which immediately follows 60 days after notification to the recipient of a violation of the contract provisions;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2)&nbsp;&nbsp;Payments must be made monthly to the office of the state treasurer; and</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3)&nbsp;&nbsp;Minimum monthly payments are $250 or 1/60 of the deferred principal amount of the award plus accrued interest, whichever is greater.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If the account is delinquent 120 days following the date the payment is due, the account shall be referred to a collection agency.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 18 SDR 224, effective July 14, 1992; 24 SDR 95, effective January 18, 1998.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=13-49-20.11">13-49-20.11.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=13-49-20.7">13-49-20.7</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=13-49-20.8">13-49-20.8.</A></p> </div> </body> </html>