Section 9-16-2 - Conversion of pension law to retirement system without voters' authorization.
9-16-2. Conversion of pension law to retirement system without voters' authorization. A first or second class municipality which has, prior to July 1, 1949, adopted the city retired employees' and officers' pension law under the provisions of statutes then in force may establish a retirement system under this chapter without further authorization.
Source: SDC 1939, § 45.1204 as added by SL 1949, ch 183, § 4; SL 1992, ch 60, § 2.