South Dakota § 7-20-14 Active depositories not limited by maximum amount--Authority to exceed statutory maximum.

South Dakota Statutes

§ 7-20-14 — Active depositories not limited by maximum amount--Authority to exceed statutory maximum.

South Dakota § 7-20-14

Title 7COUNTIES

Ch. 7-20DEPOSIT OF COUNTY FUNDS

This text of South Dakota § 7-20-14 (Active depositories not limited by maximum amount--Authority to exceed statutory maximum.) 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 § 7-20-14 (2026).

Text

The limit of deposit which may be carried or deposited in any bank by the county treasurer, as provided in § 7-20-10 , does not apply to any bank designated as active depositories. However, no county treasurer may deposit in a bank more than the limit provided for by § 7-20-10 unless the county treasurer receives express authority from the board of county commissioners evidenced by a resolution of such board authorizing the deposit of a greater amount.

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The limit of deposit which may be carried or deposited in any bank by the county treasurer, as provided in § 7-20-10 , does not apply to any bank designated as active depositories. However, no county treasurer may deposit in a bank more than the limit provided for by § 7-20-10 unless the county treasurer receives express authority from the board of county commissioners evidenced by a resolution of such board authorizing the deposit of a greater amount.