School board authorized to compromise judgments

The school board of any school district is hereby authorized and empowered to make a compromise settlement of the whole or part of any judgment which such school district may have against any judgment debtor in this state. Source: SL 1939, ch 55 , § 1; SL 1955, ch 41 , ch 10, § 38; SDC Supp 1960, § 15.2238.