South Dakota 05 — Custody and Investment of State Funds
- 4-5-1 — State treasurer not to profit from use of funds--Felony--Civil liability.
- 4-5-2 — Incidental funds established for state institutions--Initial warrant.
- 4-5-3 — Purposes for which institution incidental funds may be used.
- 4-5-4 — Accounting for disbursements and reimbursement of institution incidental funds.
- 4-5-4.1 — Limitation of warrants on institutions' funds--Diversion of other funds prohibited--Proration of income.
- 4-5-4.2 — Repealed.
- 4-5-5 — Investment of political subdivision funds--Funds subject to provisions.
- 4-5-6 — Investment in securities of or guaranteed by United States, repurchase agreements,or shares of registered investment companies.
- 4-5-6.1 — Investment of public funds in certificates of deposit--Conditions.
- 4-5-7 — Superseded.
- 4-5-8 — Investment policies for local funds determined by governing board.
- 4-5-9 — Custody or deposit of investments--Exception--Credit of interest earned.
- 4-5-10 — Application for redemption of securities.
- 4-5-11 — Supplemental authority for investment of public funds.
- 4-5-12 — State Investment Council continued.
- 4-5-12.1 — Regulations and reports provided to state treasurer.
- 4-5-13 — Appointment and terms of investment council members.
- 4-5-14 — Qualifications of council members--Restrictions on business and political activities.
- 4-5-14.1 — Exceptions to § 4-5-14.
- 4-5-15 — Repealed.
- 4-5-16 — Removal of council member from office--Filling of vacancies.
- 4-5-17 — Election of chairman.
- 4-5-18 — Division of investment continued--Immediate supervision.
- 4-5-18.1 — Repealed.
- 4-5-19 — Appointment of state investment officer--Removal--Qualifications.
- 4-5-20 — Investment officer to devote full time--Salary.
- 4-5-21 — State employees' blanket bond coverage--Premium.
- 4-5-22 — Annual budget for division--Appointment of employees.
- 4-5-23 — Public funds to be invested by investment officer--Functions transferred--Agreementswith risk-sharing entities.
- 4-5-24 — Omitted.
- 4-5-25 — Monthly reports to investment officer of state transactions.
- 4-5-26 — Classes of investments approved.
- 4-5-27 — Prudent-man standard required in investments.
- 4-5-28 — Policy regulations and restrictions formulated by council.
- 4-5-29 — Investment officer authorized to make transactions--Duty to protect state interests.
- 4-5-29.1 — Health care trust fund--Investment officer to calculate amount eligible fordistribution--Transfer to state general fund.
- 4-5-29.2 — Education enhancement trust fund--Investment officer to calculate amount eligiblefor distribution--Transfer to state general fund.
- 4-5-30 — Pooling of cash accounts--Certification by appropriations committee--Prorating ofincome--Transfer of money to investment council expense fund--Amount.
- 4-5-30.1 — State investment officer shall conduct annual estimated and actual proration due togeneral fund.
- 4-5-31 — Physical custody of securities purchased--Deposit with fiscal agent.
- 4-5-32 — Monthly report to investment council--Contents--Public inspection.
- 4-5-33 — Meetings of investment council--Access to records--Inspection and review.
- 4-5-34 — Proceedings to collect principal or interest on investments--Refunding of securitiesheld.
- 4-5-35 — Post-audit of investment transactions--Annual report of auditor-general.
- 4-5-36 — Reports to Legislature by investment council.
- 4-5-37 — Conflicts with other laws.
- 4-5-38 — Severability of provisions.
- 4-5-39 — Short title.
- 4-5-40 — Agreement to purchase general obligation funding bonds--Certification and approvalrequired--Bonds to bear interest, mature, etc.
- 4-5-41 — School district eligibility--Determination and certification.
- 4-5-42 — Prudent investment defined--Liability.
- 4-5-43 — Obligation to purchase--Enforceability.
- 4-5-44 — Cost of participation.