9-23-7. Endorsement of warrant for payment by depository.
Every warrant for the payment of money issued by any municipality, which is not registered because of lack of funds with which to pay such warrant, shall be countersigned by the treasurer of such municipality, who shall also endorse on such warrant an order to the depository, by which such warrant is to be paid, to pay such warrant to the order of the payee and charge the same to the account of such treasurer. Such warrant so countersigned and endorsed shall have the same force and effect as a check drawn by said treasurer upon such depository. No such warrant shall be paid by the depository unless so countersigned and endorsed by such treasurer. No warrant shall be countersigned by the treasurer so long as there are any registered warrants outstanding.
Source: SL 1953, ch 500; SDC Supp 1960, ยง45.1438.
Structure South Dakota Codified Laws
Title 9 - Municipal Government
Chapter 23 - Municipal Warrants And Disbursements
Section 9-23-1 - Itemized invoice and verified voucher required for claim--Prepayment of claims.
Section 9-23-2 - Claim to be itemized--Memorandum in minutes of governing body.
Section 9-23-2.1 - Municipal board requisitions for warrants--Signatures.
Section 9-23-3 - Warrant required for disbursements from treasury--Bonds and coupons.
Section 9-23-4 - Warrants paid or registered on presentation.
Section 9-23-5 - Warrants paid in order of presentation.
Section 9-23-6 - Notation on back of paid warrant.
Section 9-23-7 - Endorsement of warrant for payment by depository.
Section 9-23-8 - Warrant register maintained by treasurer--Contents.
Section 9-23-9 - Registration of warrants presented but not paid.
Section 9-23-10 - Endorsement of warrants not paid for want of funds--Registration not required.
Section 9-23-11 - Registered warrants paid in order of registration.
Section 9-23-12 - Interest payable on warrants not paid for want of funds.
Section 9-23-13 - Resolution for annual payment of interest on register of warrants.
Section 9-23-15 - Call of registered warrants for annual payment of interest.
Section 9-23-17 - Endorsement and receipt for annual interest payment.
Section 9-23-19 - Call of registered warrants for payment--Termination of interest.
Section 9-23-20 - Cancellation of warrants on payment.
Section 9-23-21 - Cancellation of check or warrant not timely presented--Notation in register.
Section 9-23-22 - Payment of old check or warrant at direction of governing body.