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.
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.