7-22-16. Purchase of warrants by treasurer prohibited--Forfeiture of amount due.
No county treasurer may either directly or indirectly contract for or purchase any warrant issued by the county for which the treasurer receives any discount whatever upon the sum due on the warrant. If the treasurer contracts for or purchases any warrant, the treasurer is not allowed in settlement the amount of the warrant or any part of the warrant. The treasurer shall forfeit the whole amount due on the warrant to be recovered by civil action at the suit of the state for the use of the county.
Source: SL 1868-9, ch 25, §103; PolC 1877, ch 28, §99; CL 1887, §1660; RPolC 1903, §2237; RC 1919, §6952; SDC 1939, §12.0815; SL 2016, ch 44, §63.
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.