7-22-12. Call of outstanding warrants for annual payment of interest.
As soon as there is sufficient money in the special warrant interest fund to pay one year's interest on one or more outstanding warrants, the county treasurer shall notify the holder of the oldest registered warrant or warrants to present the same for payment of interest, and such treasurer shall continue to call all outstanding warrants for payment of interest in the order of registration as rapidly as funds are available therefor. No warrant shall be called for payment of interest until the same shall have been registered for at least one year.
Source: SL 1933, ch 160, §2; SDC 1939, §12.0814.
Structure South Dakota Codified Laws
Chapter 22 - County Warrants And Disbursements
Section 7-22-2 - Warrant required for payment of claim against county.
Section 7-22-3 - Warrant required for disbursement of county funds--Contents.
Section 7-22-4 - Numbering of warrants--Record maintained by auditor.
Section 7-22-6 - Warrants paid in order of presentation.
Section 7-22-7 - Endorsement of warrant for payment by county depository.
Section 7-22-8 - Warrant register maintained by treasurer--Form and information shown.
Section 7-22-9 - Registration of warrants not paid for want of funds.
Section 7-22-10 - Interest payable on warrants not paid at time of presentation.
Section 7-22-12 - Call of outstanding warrants for annual payment of interest.
Section 7-22-16 - Purchase of warrants by treasurer prohibited--Forfeiture of amount due.
Section 7-22-18 - Payment of old checks or warrants at direction of commissioners.