Accounting for funds deducted from salaries--Trust funds--Wage assignment restrictions not applicable.

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3-10-3. Accounting for funds deducted from salaries--Trust funds--Wage assignment restrictions not applicable.

All auditors, treasurers, and other disbursing officers are authorized to recognize and act upon such requests for salary or wage deductions and to establish special accounts for each such officer or employee so that sufficient funds may be accumulated to the credit of such officer or employee for the purchase of United States savings bonds or similar United States obligations. All funds so accumulated are trust funds. No provision of law prohibiting, restricting, or limiting the assignment or order for wages or salaries shall be deemed in any way to prohibit, restrict or limit the powers conferred in §§3-10-1 to 3-10-3, inclusive.

Source: SL 1943, ch 172, §§1, 2; SDC Supp 1960, §48.0609.


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