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Code · South Dakota · Title 11 · Chapter 11-7

11-7-31. Power to invest reserve and debt service funds.

41 words·~1 min read·/sd/title-11/chapter-11-7/11-7-31

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

A commission shall have further power to invest any funds held in reserves or debt service funds, or any funds not required for immediate disbursement, in property or securities in which savings banks may legally invest funds subject to their control.
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