Section 36-13-2 - Election of officers--Bond required of secretary-treasurer.
36-13-2. Election of officers--Bond required of secretary-treasurer. The board shall organize by the election of a president and secretary-treasurer from its members. The secretary-treasurer shall furnish a bond in the sum of not less than fifteen thousand dollars.
Source: SDC 1939, § 1.0102; SL 2008, ch 195, § 5.