Depository not disqualified by interest of public officer or employee.

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4-6-2. Depository not disqualified by interest of public officer or employee.

Any state or national bank located in South Dakota, may be designated as the official depository of public moneys, notwithstanding the fact that a public officer, official, or employee may have a direct or an indirect interest in said bank either as an officer, director, stockholder, or employee.

Source: SL 1967, ch 268.


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