49-43-5.5. Filing of other financial documents in lieu of bond.
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/sd/title-49/chapter-49-43/49-43-5-5·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If the Public Utilities Commission determines, because a corporate surety company becomes insolvent or ceases to write grain warehouse bonds in this state, that a bond in the sum required by § 49-43-5.3 cannot be executed, the commission may, by rule, authorize the filing of other financial documents in lieu of a corporate surety bond.