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Section 46A-9-35 - Bond of treasurer.

46A-9-35. Bond of treasurer. The treasurer shall furnish and maintain a corporate surety bond in an amount sufficient to cover all moneys coming into his possession or control, which bond shall be satisfactory in form and with sureties approved by the board. Said bond, as thus approved, shall be filed with the secretary of state, and the premium upon such bond shall be paid by the district.

Source: SL 1939, ch 291, § 6; SDC Supp 1960, § 61.1306; SDCL, § 46-16-35.

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