1-55-16. Annual report to Government Operations and Audit Committee.
The center shall annually report after conclusion of the prior fiscal year to the Government Operations and Audit Committee concerning the activity of the center including the number of debts referred to the entity, the annual amount and nature of the debt obligations recovered by the center, the number of debts referred from the center to private collection agencies and the results of those referrals, and the costs and expenditures incurred by the center.
Source: SL 2015, ch 14, ยง16.
Structure South Dakota Codified Laws
Title 1 - State Affairs and Government
Chapter 55 - Obligation Recovery Center
Section 1-55-2 - Obligation recovery center created.
Section 1-55-3 - Collection of bad debts.
Section 1-55-4 - Cost recovery fees.
Section 1-55-6 - Use during account receivable cycle.
Section 1-55-7 - Final notification to debtor by referring entity.
Section 1-55-8 - Confidentiality of records--Exceptions.
Section 1-55-9 - Collection and use of data.
Section 1-55-10 - Centralized electronic debt management system.
Section 1-55-13 - Payments due debtor subject to offset against debt referred to center.
Section 1-55-14 - Referral of debt to debt collection agency.
Section 1-55-15 - Promulgation of rules.
Section 1-55-16 - Annual report to Government Operations and Audit Committee.