Statutes > South Dakota Statutes > Title 9 - MUNICIPAL GOVERNMENT > Chapter 22 - Custody And Accounting For Municipal Funds > Section 9-22-11 - Interest from deposited funds property of municipality.

Section 9-22-11 - Interest from deposited funds property of municipality.

9-22-11. Interest from deposited funds property of municipality. All interest derived from the deposit of its funds shall be the property of the municipality.

Source: SL 1913, ch 119, § 122; RC 1919, § 6344; SL 1919, ch 272; SL 1925, ch 236; SL 1929, ch 188; SDC 1939, § 45.1423; SL 1943, ch 166; SL 1959, ch 270; SL 1981, ch 69.