58-29A-81. Proration of payments when assets insufficient for full payment.
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/sd/title-58/chapter-58-29/58-29a-81·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If the maximum assessment, together with the other assets of the association in any account, does not provide in any one year in any account an amount sufficient to make all necessary payments from that account, the funds available shall be prorated and the unpaid portion shall be paid as soon thereafter as funds become available.