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.