Section 46A-4-42 - District appointed fiscal agent of United States to collect money in connectionwith federal reclamation project--Additional bond required of officers,approval, recording, and filing - South Dakota Statutes

46A-4-42. District appointed fiscal agent of United States to collect money in connection with federal reclamation project--Additional bond required of officers, approval, recording, and filing--Right to sue on bond. In case any district organized hereunder is appointed fiscal agent of the United States or by the United States is authorized to make collections of money for and on behalf of the United States in connection with any federal reclamation project, such treasurer and each director shall execute an additional official bond in such sum as the secretary of the interior may require, conditioned for the faithful discharge of the duties of his office and the faithful discharge by the district of its duties as fiscal or other agent of the United States under any such appointment or authorization, such additional bonds to be approved, recorded, and filed as provided in § 46A-4-41 for other official bonds, and any such additional bonds may be sued upon by the United States or any person injured by the failure of such officer or the district fully, promptly, and completely to perform their respective duties.

Source: SDC 1939, § 61.0804; SDCL, § 46-12-41.