Before the state investment officer, or other responsible employee of the Division of Investment shall enter upon his duties, he shall be included under the state employees' blanket bond, for an amount and for coverage as deemed best to protect the state's interest. The premium thereon shall not be chargeable to the officer or employee.
S.D. Codified Laws § 4-5-21
State employees' blanket bond coverage--Premium
Known as the Investment of State Funds Law
The act spans §§ 4–4 (70 sections).
Source: SL 1971, ch 27, § 11.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.