Domestic federal credit union as official depository--Requirement.

  1. Law
  2. South Dakota Codified Laws
  3. Municipal Government
  4. Custody And Accounting For Municipal Funds
  5. Domestic federal credit union as official depository--Requirement.

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9-22-6.2. Domestic federal credit union as official depository--Requirement.

Any domestic federal credit union chartered by the United States is a qualified public depository for municipal funds if such funds are invested in accounts which are insured by the National Credit Union Administration.

Source: SL 1987, ch 71, §2.


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