3-10-3. Accounting for funds deducted from salaries--Trust funds--Wage assignment restrictions not applicable.
All auditors, treasurers, and other disbursing officers are authorized to recognize and act upon such requests for salary or wage deductions and to establish special accounts for each such officer or employee so that sufficient funds may be accumulated to the credit of such officer or employee for the purchase of United States savings bonds or similar United States obligations. All funds so accumulated are trust funds. No provision of law prohibiting, restricting, or limiting the assignment or order for wages or salaries shall be deemed in any way to prohibit, restrict or limit the powers conferred in §§3-10-1 to 3-10-3, inclusive.
Source: SL 1943, ch 172, §§1, 2; SDC Supp 1960, §48.0609.
Structure South Dakota Codified Laws
Title 3 - Public Officers and Employees
Chapter 10 - Voluntary Salary Deductions
Section 3-10-1 - Savings bond purchase programs authorized by public employers.
Section 3-10-2 - Salary deduction authorized by signature of married person or minor.
Section 3-10-4 - Participation in tax-sheltered annuities authorized--Salary deductions.
Section 3-10-5 - Withholding from salary and purchase of annuity--Periodic payments.
Section 3-10-6 - Purchase of life insurance to guarantee retirement annuities.
Section 3-10-7 - Transfer of previously owned annuity to payment by public employer.
Section 3-10-8 - Payroll deductions authorized by officer or employee--Adoption of rules.