7-9-26. Fees deposited into fund--Distribution.

126 words·~1 min read·/sd/title-7/chapter-7-9/7-9-26

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Five dollars of each recording or filing fee collected by the register of deeds, pursuant to subdivisions 7-9-15(1), (3), (4), and

(5)and §§ 11-3-11 , 43-15A-9 , and 43-20-10 , shall be deposited into the county register of deeds modernization and preservation relief fund. Sixty percent of the money deposited in the fund pursuant to this section shall remain in the fund for use by the register of deeds pursuant to § 7-9-25 . Forty percent of the money deposited in the fund pursuant to this section shall be remitted before the last working day of each month for the previous month's collections to the South Dakota association of county officials register of deeds modernization and preservation relief fund created pursuant to § 7-9-28 .