South Dakota Codified Laws 13-18-1. Check, warrant or electronic funds transfer required for payment of schoolfunds
Current as of: 2023 | Check for updates
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School funds shall be paid by the school district business manager only upon check, warrant, or electronic funds transfer approved by the school board.
Terms Used In South Dakota Codified Laws 13-18-1
- Electronic funds transfer: The transfer of money between accounts by consumer electronic systems-such as automated teller machines (ATMs) and electronic payment of bills-rather than by check or cash. (Wire transfers, checks, drafts, and paper instruments do not fall into this category.) Source: OCC
Source: SDC 1939, § 15.2219; SL 1955, ch 41, ch 10, § 11; SDC Supp 1960, § 15.2211; SL 1975, ch 128, § 108; SL 2001, ch 81, § 1.