South Dakota Statutes

§ 7-20-1 — Banks eligible for deposits--Application for deposit.

South Dakota § 7-20-1
JurisdictionSouth Dakota
Title 7COUNTIES
Ch. 7-20DEPOSIT OF COUNTY FUNDS

This text of South Dakota § 7-20-1 (Banks eligible for deposits--Application for deposit.) 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 § 7-20-1 (2026).

Text

The county treasurer shall deposit and at all times keep on deposit the money in state or national banks within the state. A bank may apply for the privilege of keeping the county funds and shall state in the application the amount of money desired. If bond or securities are segregated as provided in § 4-6A-3 , the board of county commissioners shall approve the application.

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Legislative History

SL 1897, ch 104, § 1; RPolC 1903, § 349; SL 1917, ch 204, § 1; RC 1919, § 6888; SL 1923, ch 297; SL 1925, ch 295; SL 1929, ch 98; SL 1937, ch 79; SDC 1939, § 12.0818; SL 1941, ch 29; SL 1957, ch 18; SL 1959, ch 24; SL 1974, ch 39, § 13; SL 1976, ch 72; SL 2016, ch 44, § 54; SL 2017, ch 54, § 1.

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Bluebook (online)
South Dakota § 7-20-1, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/7-20-1.