Section 38-10-13 - Bonds required of director and treasurer. - South Dakota Statutes

38-10-13. Bonds required of director and treasurer. The executive director and treasurer of the wheat commission each shall file with the commission a fidelity bond executed by a surety company authorized to do business in this state, in favor of the commission, conditioned for the faithful performance of their duties and the strict accounting of all funds to the commission, in the penal sum of ten thousand dollars or in such additional amount as the commission may designate.

Source: SL 1961, ch 11, § 18; SL 1993, ch 302, § 9.