Domestic federal credit union as official depository--Requirement

SDCL § 9-22-6.2 — under CUSTODY AND ACCOUNTING FOR MUNICIPAL FUNDS.

SDCL § 9-22-6.2

Any domestic federal credit union chartered by the United States is a qualified public depository for municipal funds if such funds are invested in accounts which are insured by the National Credit Union Administration. Source: SL 1987, ch 71 , § 2. 9-22-7 to 9-22-10. Repealed by SL 1974, ch 39 , § 17.