South Dakota Statutes

§ 11-7-31 — Power to invest reserve and debt service funds.

South Dakota § 11-7-31
JurisdictionSouth Dakota
Title 11PLANNING, ZONING AND HOUSING PROGRAMS
Ch. 11-7COUNTY AND MUNICIPAL HOUSING AND REDEVELOPMENT

This text of South Dakota § 11-7-31 (Power to invest reserve and debt service funds.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
S.D. Codified Laws § 11-7-31 (2026).

Text

A commission shall have further power to invest any funds held in reserves or debt service funds, or any funds not required for immediate disbursement, in property or securities in which savings banks may legally invest funds subject to their control.

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Legislative History

SL 1950 (SS), ch 13, § 7, subdiv 3 (6); SDC Supp 1960, § 45.3607 (3) (f).

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Bluebook (online)
South Dakota § 11-7-31, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/11-7-31.