Before any such settlement is made, the same must be authorized by a resolution duly made and passed by such school board and entered of record in the minutes of such board, setting forth the total amount of such judgment, the name of the judgment debtor, and whether or not such compromise settlement is for the whole, or a part of such judgment, the amount of money to be received in such settlement, and that such compromise settlement is, in the opinion of such school board, for the best interests of such school district.
S.D. Codified Laws § 13-17-2
Resolution of board authorizing compromise--Contents
Applied in 1 court decision — leading case Hall v. Salem Ind. Sch. Dist. No. 17, McCook County (1974)
Most recently applied in Hall v. Salem Ind. Sch. Dist. No. 17, McCook County (April 1974)
Source: SL 1939, ch 55, § 2; SL 1955, ch 41, ch 10, § 39; SDC Supp 1960, § 15.2239.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.