47-16-59. Discretionary payment to claimant after forfeiture.
64 words·~1 min read·
/sd/title-47/chapter-47-16/47-16-59A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Notwithstanding the forfeiture of any money or property as provided in §§ 47-16-54 to 47-16-58 , inclusive, the board of directors, in its discretion, at any time after such forfeiture, may authorize the payment of any such money, or delivery of any such property, to the person or persons who would have been entitled to receive the same in the absence of such forfeiture.