Section 32-5-133 - Fiscal responsibilities of licensed agents. - South Dakota Statutes

32-5-133. Fiscal responsibilities of licensed agents. The secretary of revenue and regulation may charge licensed agents for equipment necessary for the licensed agent to carry out the licensed agent's duties as specified in the contract pursuant to § 32-5-131. The secretary of revenue and regulation may authorize the licensed agents to retain up to two percent of the amount collected for distribution pursuant to § 32-11-4.1 to cover the licensed agents' administrative costs. Each contract pursuant to § 32-5-131 shall specify the fiscal responsibilities of the licensed agent.

Source: SL 1996, ch 191, § 5; SL 2004, ch 17, § 71.