South Dakota Statutes

§ 9-16-10 — Investment of moneys of retirement system.

South Dakota·Title 9 MUNICIPAL GOVERNMENT·Ch. 9-16 CITY RETIREMENT SYSTEMS AND PENSIONS
All moneys belonging to the retirement system not required for the payment of current annuities, pensions, retirement allowances, other benefits, or administrative expenses in lieu thereof may be invested.

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Legislative History

SL 1925, ch 239, § 5; SL 1937, ch 177; SDC 1939, § 45.1202; SL 1945, ch 199; SL 1947, ch 204; SL 1949, ch 183, § 2; SL 1955, ch 201, § 2; SL 1967, ch 220, § 2; SL 1979, ch 37, § 4; SL 1984, ch 56, § 19.

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