<html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 1-55-4 - Cost recovery fees.</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.sb18465e9705e419fa7c85053e64aa9a9Normal { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.sb18465e9705e419fa7c85053e64aa9a9SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sb18465e9705e419fa7c85053e64aa9a9CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.sb18465e9705e419fa7c85053e64aa9a9Statute { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.sb18465e9705e419fa7c85053e64aa9a9DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sb18465e9705e419fa7c85053e64aa9a9000000 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sb18465e9705e419fa7c85053e64aa9a9DefaultParagraphFont-000001 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sb18465e9705e419fa7c85053e64aa9a9SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } body { text-decoration-skip-ink: none; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 1-55-4 - Cost recovery fees."><meta property="og:description" content="SDLRC Codified Law 1-55-4 - Cost recovery fees."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes/1-55-4"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="sb18465e9705e419fa7c85053e64aa9a9Normal"><a href="https://sdlegislature.gov/Statutes?Statute=1-55-4" rel="noopener"><span class="sb18465e9705e419fa7c85053e64aa9a9SENU">1-55-4</span></a><span xml:space="preserve" class="sb18465e9705e419fa7c85053e64aa9a9SENU">. </span><span class="sb18465e9705e419fa7c85053e64aa9a9CL">Cost recovery fees.</span></p><p dir="ltr" class="sb18465e9705e419fa7c85053e64aa9a9Statute"><span xml:space="preserve" class="sb18465e9705e419fa7c85053e64aa9a9DefaultParagraphFont">For any bad debt referred to the center for collection after July 1, 2015, the center shall collect a cost recovery fee in addition to the debt referred to the center for collection. The cost recovery fee is calculated by multiplying the principal amount of the debt referred to the center by twenty percent. All debt collection methods available to collect any bad debt referred to the center may be used by the center to collect the cost recovery fee. The cost recovery fee shall be deposited into a fund within the Bureau of Human Resources and Administration and the operations of the center shall be subject to the annual budgeting process specified in chapter </span><a href="https://sdlegislature.gov/Statutes?Statute=4-7" rel="noopener"><span class="sb18465e9705e419fa7c85053e64aa9a9DefaultParagraphFont">4-7</span></a><span class="sb18465e9705e419fa7c85053e64aa9a9DefaultParagraphFont">.</span></p><p dir="ltr" class="sb18465e9705e419fa7c85053e64aa9a9Normal"><span xml:space="preserve" class="sb18465e9705e419fa7c85053e64aa9a9000000"> </span></p><p dir="ltr" class="sb18465e9705e419fa7c85053e64aa9a9Normal"><span xml:space="preserve" class="sb18465e9705e419fa7c85053e64aa9a9DefaultParagraphFont-000001">Source: </span><span class="sb18465e9705e419fa7c85053e64aa9a9SCL">SL 2015, ch 14, § 4; SL 2021, ch 14, § 1; SL 2024, ch 1 (Ex. Ord. 24-1), § 34, eff. Apr. 8, 2024.</span></p></div></body></html>