S.D. Codified Laws § 4-4-4.4

Current through the 2024 Legislative Session
Section 4-4-4.4 - Transfer of excess funds at end of fiscal quarter

At the end of each fiscal quarter the treasurer shall transfer any cash balance in excess of one hundred seventy-five thousand dollars from the insurance operating fund to the general fund. At the end of each fiscal quarter the treasurer shall transfer any cash balance in excess of fifteen thousand dollars from the securities operating fund to the general fund.

SDCL 4-4-4.4

SL 1989, ch 48, § 2; SL 1995, ch 26.