9-22-11 Interest from deposited funds property of municipality.
9-22-11.
Interest from deposited funds property of municipality.
All interest derived from the
deposit of its funds shall be the property of the municipality.
Source: SL 1913, ch 119, § 122; RC 1919, § 6344; SL 1919, ch 272; SL 1925, ch 236; SL 1929,
ch 188; SDC 1939, § 45.1423; SL 1943, ch 166; SL 1959, ch 270; SL 1981, ch 69.
Chapter 9-22