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South Dakota Codified Laws
Title 4
Chapter 4-5
S.D. Codified Laws ch. 4-5
Custody and Investment of State Funds
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4-5-1
State treasurer not to profit from use of funds--Felony--Civil liability.
4-5-2
Incidental funds established for state institutions--Initial warrant.
4-5-3
Purposes for which institution incidental funds may be used.
4-5-4
Accounting for disbursements and reimbursement of institution incidental funds.
4-5-4.1
Limitation of warrants on institutions' funds--Diversion of other funds prohibited--Proration of income.
4-5-4.2
Repealed
Repealed
4-5-5
Investment of political subdivision funds--Funds subject to provisions.
4-5-6
Investment in securities of or guaranteed by United States, repurchase agreements, or shares of registered investment companies.
4-5-6.1
Investment of public funds not needed for current operating expenses--Conditions.
4-5-6.2
Investment in direct obligations of county, municipality, or school district or in bonds issued by state authority.
4-5-7
Superseded
Repealed
4-5-8
Investment policies for local funds determined by governing board.
4-5-9
Custody or deposit of investments--Exception--Credit of interest earned.
4-5-10
Application for redemption of securities.
4-5-11
Supplemental authority for investment of public funds.
4-5-12
State Investment Council continued.
4-5-12.1
Regulations and reports provided to state treasurer.
4-5-13
Appointment and terms of investment council members.
4-5-14
Council members—Qualifications--Restrictions.
4-5-14.1
Exceptions to § 4-5-14.
4-5-15
Repealed
Repealed
4-5-16
Removal of council member from office--Filling of vacancies.
4-5-17
Election of chairman.
4-5-18
Division of investment continued--Immediate supervision.
4-5-18.1
Repealed
Repealed
4-5-19
Appointment of state investment officer--Removal--Qualifications.
4-5-20
Investment officer to devote full time--Salary.
4-5-21
State employees' blanket bond coverage--Premium.
4-5-22
Annual budget for division--Appointment of employees.
4-5-23
Public funds to be invested by investment officer--Functions transferred--Agreements with risk-sharing entities.
4-5-24
Omitted
Repealed
4-5-25
Monthly reports to investment officer of state transactions.
4-5-26
Classes of investments approved.
4-5-27
Prudent-person standard required in investments.
4-5-28
Policy regulations and restrictions formulated by council.
4-5-29
Investment officer authorized to make transactions--Duty to protect state interests.
4-5-29.1
Health care trust fund--Investment officer to calculate amount eligible for distribution--Transfer to state general fund.
4-5-29.2
Education enhancement trust fund--Calculation of amount eligible for distribution--Transfer to general fund--Postsecondary scholarship grant programs.
4-5-29.3
Indemnity provision--Authorization.
4-5-30
Pooling of cash accounts--Certification by Appropriations Committee--Prorating of income--Transfer of money to investment council expense account.
4-5-30.1
Repealed
Repealed
4-5-31
Physical custody of securities purchased--Deposit with fiscal agent.
4-5-32
Monthly report to investment council--Contents--Public inspection.
4-5-33
Meetings of investment council--Access to records--Inspection and review.
4-5-34
Proceedings to collect principal or interest on investments--Refunding of securities held.
4-5-35
Post-audit of investment transactions--Annual report of auditor-general.
4-5-36
Reports to Legislature by investment council.
4-5-37
Conflicts with other laws.
4-5-38
Severability of provisions.
4-5-39
Short title.
4-5-40
Agreement to purchase general obligation funding bonds--Certification and approval required--Bonds to bear interest, mature, etc..
4-5-41
School district eligibility--Determination and certification.
4-5-42
Prudent investment defined--Liability.
4-5-43
Obligation to purchase--Enforceability.
4-5-44
Cost of participation.
4-5-45
4-5-45, 4-5-46. Repealed by SL 2015, ch 39, §§ 3, 4.
4-5-47
Investment of trust fund containing proceeds from sale of state cement enterprises.
4-5-48
Definition of terms related to investments in companies liable under Iran Sanctions Act.
4-5-49
Identification of holdings in scrutinized companies.
4-5-50
List of scrutinized companies.
4-5-51
Updating scrutinized companies list.
4-5-52
Procedures with respect to companies on scrutinized companies list.
4-5-53
Divestiture of securities in companies with scrutinized business operations.
4-5-54
Acquisition of securities in companies with scrutinized business operations prohibited.
4-5-55
Exemption from divestiture requirements.
4-5-56
Inapplicability to certain investments.
4-5-57
Indirect holdings in actively managed investment funds.
4-5-58
Report to Legislative Research Council Executive Board.
4-5-59
Circumstances under which §§ 4-5-48 to 4-5-60, inclusive, become inoperative.
4-5-60
Construction with other state law.