5-24-2. Cost or value to be shown in inventory--Filing.
The inventories required by §§5-24-1 and 5-24-1.1 shall show the actual cost for each item, or the estimated cost at the time of acquisition, if the actual cost cannot be ascertained. In the case of gifts, the estimated fair market value at the time of acquisition shall be used. The officer or employee shall retain one copy of the inventory in the officer's or employee's office. The others shall be filed as provided in §§5-24-1.1 and 5-24-3.
Source: SL 1903, ch 220, §§1 to 3; SL 1913, ch 293, §1; RC 1919, §7048; SDC 1939, §48.0501; SL 1975, ch 61, §2; SL 1977, ch 54, §3; SL 1983, ch 36, §2; SL 1984, ch 30, §79; SL 2011, ch 2, §87.
Structure South Dakota Codified Laws
Title 5 - Public Property, Purchases and Contracts
Chapter 24 - Receipt, Care And Accounting For Public Property
Section 5-24-1 - Annual inventory of personal property required of local officers and employees.
Section 5-24-1.1 - Inventory of state personal property required.
Section 5-24-2 - Cost or value to be shown in inventory--Filing.
Section 5-24-3 - Place of filing of duplicate inventories.
Section 5-24-4 - Purchased property to be noted in inventory report.
Section 5-24-5 - Lost or destroyed property to be noted in inventory--Date and circumstances shown.
Section 5-24-6 - Civil liability of officer for failure to account for property.
Section 5-24-7 - Delivery of public property to successor in office--Receipt.
Section 5-24-8 - Failure to account for public property as misdemeanor.
Section 5-24-12 - Acceptance of gifts to state--Actions for recovery.
Section 5-24-13 - Acceptance and distribution of federal surplus property--Records.
Section 5-24-14 - Property management internal service fund.
Section 5-24-15 - Transfer of property from Homestake Mining Company authorized.