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- Title 13. Education
- Chapter 16. School District Funds and Accounts
SDCL 13-16-15.1 Domestic Savings and Loan Associations As Official Depositories-Restrictions
| Library | South Dakota Statutes |
| Edition | 2023 |
| Currency | Current through the 2023 Legislative Session |
| Year | 2023 |
| Citation | SDCL 13-16-15.1 |
Domestic savings and loan associations whether chartered by this state or by the United States are official depositories for school district funds; provided such funds are invested only in the accounts of such associations which are insured by the federal Savings and Loan Insurance Corporation. The amount so invested in any one association may not exceed the amount which is covered by suc...
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