South Dakota Statutes

§ 4-5-31 — Physical custody of securities purchased--Deposit with fiscal agent.

South Dakota § 4-5-31
JurisdictionSouth Dakota
Title 4PUBLIC FISCAL ADMINISTRATION
Ch. 4-3CUSTODY AND INVESTMENT OF STATE FUNDS

This text of South Dakota § 4-5-31 (Physical custody of securities purchased--Deposit with fiscal agent.) 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 § 4-5-31 (2026).

Text

All securities purchased shall be in the physical custody of the state treasurer who may, with the approval of the State Investment Council, deposit with a fiscal agent the securities as he shall consider advisable to be held in safekeeping by said agent for collection of principal and interest.

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Legislative History

SL 1971, ch 27, § 23.

Nearby Sections

15
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Bluebook (online)
South Dakota § 4-5-31, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/4-5-31.