13-16-15. Designation of depositories for school district–Resolution.
The school board of every school district shall by resolution duly adopted at any annual, regular, or special meeting designate any bank or banks within the state as depositories for the funds or any part or parts of the funds of the district.
Source: SDC 1939, §15.2524; SL 1955, ch 41, ch 10, §7; SL 1957, ch 69; SDC Supp 1960, §15.2207; SL 1975, ch 128, §105; SL 1992, ch 124.