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Code · South Dakota · Title 4 · Chapter 4-5

4-5-8. Investment policies for local funds determined by governing board.

46 words·~1 min read·/sd/title-4/chapter-4-5/4-5-8

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Investments of public funds as defined in § 4-5-5 shall be made only after the adoption of a proper resolution by the governing board of such county, municipality, township, or school district. Such resolution shall state the investment policies to be followed by the treasurer thereof.
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