7-20-12. Removal of officer neglecting to comply--Treasurer not liable for loss of money deposited in compliance.
Any county officer neglecting or refusing to comply with the provisions of §§7-20-1 to 7-20-11, inclusive, is subject to removal from office. No county treasurer is liable on the county treasurer's official bond for any loss of money deposited in compliance with the provisions of these sections.
Source: SL 1897, ch 104, §8; RPolC 1903, §356; SL 1917, ch 204, §2; RC 1919, §§6888, 6889; SL 1923, ch 297; SL 1925, ch 295; SL 1929, ch 98; SL 1937, ch 79; SDC 1939, §12.0818; SL 1941, ch 29; SL 1957, ch 18; SL 1959, ch 24; SL 2016, ch 44, §55.
Structure South Dakota Codified Laws
Chapter 20 - Deposit Of County Funds
Section 7-20-1 - Banks eligible for deposits--Application for deposit.
Section 7-20-1.2 - Domestic federal credit union as official depository--Requirement.
Section 7-20-3 - Deposit permitted despite interest of county official.
Section 7-20-10 - Maximum deposit in one bank.