South Dakota Statutes

§ 49-38-7 — Expenditure of district moneys--Approval by board of directors.

South Dakota·Title 49 PUBLIC UTILITIES AND CARRIERS·Ch. 49-38 CONSUMERS POWER DISTRICT RECORDS, ACCOUNTS AND REPORTS
Money of a consumers power district shall be paid out or expended only upon the authorization or approval of the board of directors, and by check, draft, warrant, electronic payment, or other instrument in writing, signed by the treasurer, assistant treasurer, or such other officer, employee, or agent of the district who is authorized by the treasurer to sign in the treasurer's behalf. However, the authorization shall be in writing and filed with the secretary of the district.

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South Dakota § 49-38-7 (Expenditure of district moneys--Approval by board of directors.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1950 (SS), ch 17, § 58; SDC Supp 1960, § 52.1757; SL 1998, ch 276, § 29.

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