Open messes shall be operated in an economical, efficient, and businesslike manner which will insure solvency and financial stability at all times. Unless otherwise authorized by the AAGAR and approved by the adjutant general, current liabilities may not exceed current assets.

Source: SL 1975, ch 16, § 1; 12 SDR 151, 12 SDR 154, effective July 1, 1986.

General Authority: SDCL 33-11-12.

Law Implemented: SDCL 33-11-12.