South Dakota Codified Laws 9-22-5. Municipal funds kept separate and not used for personal benefit
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The treasurer shall keep all moneys in his hands belonging to the municipality separate and distinct from his own moneys.
He shall not use, directly or indirectly, the municipality’s money or warrants in his custody for his own benefit or that of any other person.
Terms Used In South Dakota Codified Laws 9-22-5
- Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2
Source: SL 1890, ch 37, art VIII, § 7; RPolC 1903, § 1253; SL 1913, ch 119, § 74; RC 1919, § 6294; SDC 1939, § 45.1126.