4-6-2. Depository not disqualified by interest of public officer or employee.
Any state or national bank located in South Dakota, may be designated as the official depository of public moneys, notwithstanding the fact that a public officer, official, or employee may have a direct or an indirect interest in said bank either as an officer, director, stockholder, or employee.
Source: SL 1967, ch 268.
Structure South Dakota Codified Laws
Title 4 - Public Fiscal Administration
Chapter 06 - Depositories Of Public Funds
Section 4-6-2 - Depository not disqualified by interest of public officer or employee.
Section 4-6-16 - Active depositories for collection of instruments--Interest paid.
Section 4-6-24 - Failure of treasurer to perform duty as misdemeanor.
Section 4-6-26 - Borrowing on daily basis for management of state deposits--Repayment.