Bond required of custodian of board funds.

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40-18-11. Bond required of custodian of board funds.

Any person employed or contracted with by the board who collects or is the custodian of any funds, shall furnish a surety bond, the amount and conditions of which shall in each case be prescribed by the board.

Source: SDC 1939, §§40.1201, 40.1203; SL 1943, ch 142, §1; SL 1949, ch 144, §1; SL 1951, ch 198; SL 1988, ch 328, §13.


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