Bond of officers and directors--Form--Obligee--Cost of surety bonds, payment by the district.

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46A-4-43. Bond of officers and directors--Form--Obligee--Cost of surety bonds, payment by the district.

All official bonds for which no specific provision is made shall be in the form prescribed by law for official bonds of county officers, except the obligee named in such bond shall be the district, and where approved surety company bonds are furnished, the cost of such bonds may be paid by the district.

Source: SDC 1939, §61.0804; SDCL, §46-12-42.


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