Section 13-53-19 - Delegation of authority for expenditures to institutional officer--Bond--Method of expenditures and purposes. - South Dakota Statutes

13-53-19. Delegation of authority for expenditures to institutional officer--Bond--Method of expenditures and purposes. The Board of Regents may by resolution delegate the authority described in § 13-53-18 to an officer or employee of the institution for which the expenditure is to be made who has furnished to the State of South Dakota a good and sufficient bond respecting such duties, which delegation of authority shall be subject to revocation by resolution of the board. The secretary of such board shall file copies of such resolutions, duly certified by him, with the state auditor. The method in detail of making expenditures and purchases, except so far as they are specified by this chapter, shall be left to the discretion of the Board of Regents.

Source: SDC 1939, § 15.0724; SL 1955, ch 40.