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SOUTH DAKOTA STATUTES AND CODES
Section 11-11-72 - Valuation of securities held by capital reserve funds.
11-11-72. Valuation of securities held by capital reserve funds. In computing the amount of the capital reserve funds for the purpose of §§ 11-11-71 to 11-11-75, inclusive, securities in which all or a portion of such funds shall be invested shall be valued at par or if purchased at less than par, at their cost to the authority.
Source: SL 1973, ch 180, § 38; SDCL Supp, § 28-19-63.
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