South Dakota Statutes
§ 13-16-19 — Custodial funds--Stewardship--Designation of employee--Surety bond.
South Dakota § 13-16-19
This text of South Dakota § 13-16-19 (Custodial funds--Stewardship--Designation of employee--Surety bond.) 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 § 13-16-19 (2026).
Text
The school board shall prescribe policies and procedures governing the stewardship of custodial funds consistent with provisions of this title. The school board may designate an employee of the school district to be in charge of each custodial fund. The employee designated, if other than the business manager, shall be placed under surety bond in the amount estimated to be in the hands of the employee at any one time during the school fiscal year. The school district shall pay the premium on the surety bond.
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Legislative History
SL 1955, ch 41, ch 10, § 11; SDC Supp 1960, § 15.2211; SL 1976, ch 115, § 3; SL 2012, ch 88, § 10; SL 2020, ch 53, § 1.
Nearby Sections
15
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Bluebook (online)
South Dakota § 13-16-19, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/13-16-19.