9-22-15. Resolution required for investment transactions.
In carrying out the provisions of §§9-22-12 to 9-22-14, inclusive, all transactions shall be by resolutions of the governing body.
Source: SL 1915, ch 277; RC 1919, §6999; SL 1923, ch 264; SL 1927, ch 189; SL 1933, ch 164; SDC 1939, §45.2310; SL 1941, ch 200; SL 1949, ch 190, §5.