South Dakota § 9-16-5.5 Administrator--Qualifications--Employees--Bond.

South Dakota Statutes

§ 9-16-5.5 — Administrator--Qualifications--Employees--Bond.

South Dakota § 9-16-5.5

Title 9MUNICIPAL GOVERNMENT

Ch. 9-16CITY RETIREMENT SYSTEMS AND PENSIONS

This text of South Dakota § 9-16-5.5 (Administrator--Qualifications--Employees--Bond.) 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 § 9-16-5.5 (2026).

Text

The Board of Trustees may appoint an administrator, who shall be qualified by training and experience requirements set by the board. The administrator may hire additional employees as may be required to transact the business of the retirement system. The board shall require bonding of the administrator in an amount set by the board, which may be included under any municipal employees' blanket bond. The bond premium may be paid by the system.

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The Board of Trustees may appoint an administrator, who shall be qualified by training and experience requirements set by the board. The administrator may hire additional employees as may be required to transact the business of the retirement system. The board shall require bonding of the administrator in an amount set by the board, which may be included under any municipal employees' blanket bond. The bond premium may be paid by the system.