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Statutes > South Dakota Laws > Title 9 - MUNICIPAL GOVERNMENT > Chapter 22 - Custody And Accounting For Municipal Funds > Section 9-22-6.2 - Domestic federal credit union as official depository--Requirement.

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SOUTH DAKOTA STATUTES AND CODES

Section 9-22-6.2 - Domestic federal credit union as official depository--Requirement.

9-22-6.2. Domestic federal credit union as official depository--Requirement. Any domestic federal credit union chartered by the United States is a qualified public depository for municipal funds if such funds are invested in accounts which are insured by the National Credit Union Administration.

Source: SL 1987, ch 71, § 2.

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