9-22-13. Maturity dates of securities in which debt service funds invested.
Moneys in any debt service fund shall be invested only in such of the securities named in §9-22-12 as will become due and payable on or before the date when the bonds for the payment of which such debt service fund was created become due and payable, except bonds of the United States or of the State of South Dakota.
Source: SL 1915, ch 277; RC 1919, §6999; SL 1923, ch 264; SL 1927, ch 189; SL 1933, ch 164; SDC 1939, §45.2310; SL 1941, ch 200; SL 1949, ch 190, §5.
Structure South Dakota Codified Laws
Title 9 - Municipal Government
Chapter 22 - Custody And Accounting For Municipal Funds
Section 9-22-2 - Treasurer to receive moneys of municipality--Accounting.
Section 9-22-3 - Duplicate receipts given by treasurer--Filing with auditor or clerk.
Section 9-22-5 - Municipal funds kept separate and not used for personal benefit.
Section 9-22-6 - Designation of depositories for municipal funds.
Section 9-22-6.1 - Savings and loan associations as official depositories.
Section 9-22-6.2 - Domestic federal credit union as official depository--Requirement.
Section 9-22-11 - Interest from deposited funds property of municipality.
Section 9-22-13 - Maturity dates of securities in which debt service funds invested.
Section 9-22-14 - Tax levy to retire bonds held by debt service fund.
Section 9-22-15 - Resolution required for investment transactions.
Section 9-22-16 - Separate accounting for funds and appropriations.
Section 9-22-17 - Receipt and application of special assessment money--Cancellation of certificates.
Section 9-22-18 - Register of warrants paid--Examination by finance committee.
Section 9-22-19 - Treasurer's monthly settlement with auditor or clerk.
Section 9-22-20 - Treasurer's reports to governing body.
Section 9-22-21 - Annual financial report--Publication--Filing.
Section 9-22-22 - Bond record maintained by auditor or clerk.
Section 9-22-23 - Annual estimate by auditor or clerk of expenses and revenue.