Policies and Regulations NEPN Code: DFA
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Fiscal Management
Investing

School District funds shall be invested in the manner provided by law.

 

Legal References:

SDCL
13-16-15 Designation of the depositories for school district-resolution
13-16-15.1 Domestic savings and loan associations as official depositories-Restrictions
13-16-18 Deposit and investment of fund accumulations--Crediting of interest--Maturity of bond redemption fund investments--Filing of resolutions

 

Policy   Board Action (formerly 3292)
Adopted: 05-28-68    
Amended: 05-10-76    
Amended: 08-14-95 28225  
Amended: 01-09-06 34304  
Reviewed: 10-25-10 35862  
Reviewed: 09-22-14 37011  
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