Signing bonus––Payment

A payment authorized in § 13-43-61 may be paid: (1) In one lump sum, upon completion of the staff member's first year of employment in the school district; or (2) In installments, over a period not to exceed three years from the date the staff member signed a contract of employment with the school district, and upon the terms and conditions mutually agreed upon by the school district and the staff member. Source: SL 2015, ch 99 , § 2; SL 2022, ch 45 , § 2.