§ 11-11-72 Valuation of securities held by capital reserve funds.

SD Codified L § 11-11-72 (2019) (N/A)
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11-11-72. Valuation of securities held by capital reserve funds. In computing the amount of the capital reserve funds for the purpose of §§ 11-11-71 to 11-11-75, inclusive, securities in which all or a portion of such funds shall be invested shall be valued at par or if purchased at less than par, at their cost to the authority.

Source: SL 1973, ch 180, § 38; SDCL Supp, § 28-19-63.