Chapter

CUSTODY AND INVESTMENT OF STATE FUNDS

S.D. Codified Laws § 4-5-1— State treasurer not to profit from use of funds--Felony--Civil liability
S.D. Codified Laws § 4-5-2— Incidental funds established for state institutions--Initial warrant
S.D. Codified Laws § 4-5-3— Purposes for which institution incidental funds may be used
S.D. Codified Laws § 4-5-4— Accounting for disbursements and reimbursement of institution incidental funds
S.D. Codified Laws § 4-5-4.1— Limitation of warrants on institutions' funds--Diversion of other funds prohibited--Proration of income
S.D. Codified Laws § 4-5-4.2— Repealed by SL 1985, ch 33, § 35
S.D. Codified Laws § 4-5-5— Investment of political subdivision funds--Funds subject to provisions
S.D. Codified Laws § 4-5-6— Investment in securities of or guaranteed by United States, repurchase agreements, or shares of registered investment companies
S.D. Codified Laws § 4-5-6.1— Investment of public funds not needed for current operating expenses--Conditions
S.D. Codified Laws § 4-5-6.2— Investment in direct obligations of county, municipality, or school district or in bonds issued by state authority
S.D. Codified Laws § 4-5-7— Superseded
S.D. Codified Laws § 4-5-8— Investment policies for local funds determined by governing board
S.D. Codified Laws § 4-5-9— Custody or deposit of investments--Exception--Credit of interest earned
S.D. Codified Laws § 4-5-10— Application for redemption of securities
S.D. Codified Laws § 4-5-11— Supplemental authority for investment of public funds
S.D. Codified Laws § 4-5-12— State Investment Council continued
S.D. Codified Laws § 4-5-12.1— Regulations and reports provided to state treasurer
S.D. Codified Laws § 4-5-13— Appointment and terms of investment council members
S.D. Codified Laws § 4-5-14— Council members—Qualifications--Restrictions
S.D. Codified Laws § 4-5-14.1— Exceptions to § 4-5-14
S.D. Codified Laws § 4-5-15— Repealed by SL 1971, ch 23, § 2
S.D. Codified Laws § 4-5-16— Removal of council member from office--Filling of vacancies
S.D. Codified Laws § 4-5-17— Election of chairman
S.D. Codified Laws § 4-5-18— Division of investment continued--Immediate supervision
S.D. Codified Laws § 4-5-18.1— Repealed by SL 1974, ch 38, § 4
S.D. Codified Laws § 4-5-19— Appointment of state investment officer--Removal--Qualifications
S.D. Codified Laws § 4-5-20— Investment officer to devote full time--Salary
S.D. Codified Laws § 4-5-21— State employees' blanket bond coverage--Premium
S.D. Codified Laws § 4-5-22— Annual budget for division--Appointment of employees
S.D. Codified Laws § 4-5-23— Public funds to be invested by investment officer--Functions transferred--Agreements with risk-sharing entities
S.D. Codified Laws § 4-5-24— Omitted
S.D. Codified Laws § 4-5-25— Monthly reports to investment officer of state transactions
S.D. Codified Laws § 4-5-26— Classes of investments approved
S.D. Codified Laws § 4-5-27— Prudent-person standard required in investments
S.D. Codified Laws § 4-5-28— Policy regulations and restrictions formulated by council
S.D. Codified Laws § 4-5-29— Investment officer authorized to make transactions--Duty to protect state interests
S.D. Codified Laws § 4-5-29.1— Health care trust fund--Investment officer to calculate amount eligible for distribution--Transfer to state general fund
S.D. Codified Laws § 4-5-29.2— Education enhancement trust fund--Calculation of amount eligible for distribution--Transfer to general fund--Postsecondary scholarship grant programs
S.D. Codified Laws § 4-5-29.3— Indemnity provision--Authorization
S.D. Codified Laws § 4-5-30— Pooling of cash accounts--Certification by Appropriations Committee--Prorating of income--Transfer of money to investment council expense account
S.D. Codified Laws § 4-5-30.1— 4-5-30.1. Repealed by SL 2015, ch 37, § 1, eff. Mar. 13, 2015
S.D. Codified Laws § 4-5-31— Physical custody of securities purchased--Deposit with fiscal agent
S.D. Codified Laws § 4-5-32— Monthly report to investment council--Contents--Public inspection
S.D. Codified Laws § 4-5-33— Meetings of investment council--Access to records--Inspection and review
S.D. Codified Laws § 4-5-34— Proceedings to collect principal or interest on investments--Refunding of securities held
S.D. Codified Laws § 4-5-35— Post-audit of investment transactions--Annual report of auditor-general
S.D. Codified Laws § 4-5-36— Reports to Legislature by investment council
S.D. Codified Laws § 4-5-37— Conflicts with other laws
S.D. Codified Laws § 4-5-38— Severability of provisions
S.D. Codified Laws § 4-5-39— Short title
S.D. Codified Laws § 4-5-40— Agreement to purchase general obligation funding bonds--Certification and approval required--Bonds to bear interest, mature, etc.
S.D. Codified Laws § 4-5-41— School district eligibility--Determination and certification
S.D. Codified Laws § 4-5-42— Prudent investment defined--Liability
S.D. Codified Laws § 4-5-43— Obligation to purchase--Enforceability
S.D. Codified Laws § 4-5-44— Cost of participation
S.D. Codified Laws § 4-5-45— 4-5-45, 4-5-46. Repealed by SL 2015, ch 39, §§ 3, 4
S.D. Codified Laws § 4-5-47— Investment of trust fund containing proceeds from sale of state cement enterprises
S.D. Codified Laws § 4-5-48— Definition of terms related to investments in companies liable under Iran Sanctions Act
S.D. Codified Laws § 4-5-49— Identification of holdings in scrutinized companies
S.D. Codified Laws § 4-5-50— List of scrutinized companies
S.D. Codified Laws § 4-5-51— Updating scrutinized companies list
S.D. Codified Laws § 4-5-52— Procedures with respect to companies on scrutinized companies list
S.D. Codified Laws § 4-5-53— Divestiture of securities in companies with scrutinized business operations
S.D. Codified Laws § 4-5-54— Acquisition of securities in companies with scrutinized business operations prohibited
S.D. Codified Laws § 4-5-55— Exemption from divestiture requirements
S.D. Codified Laws § 4-5-56— Inapplicability to certain investments
S.D. Codified Laws § 4-5-57— Indirect holdings in actively managed investment funds
S.D. Codified Laws § 4-5-58— Report to Legislative Research Council Executive Board
S.D. Codified Laws § 4-5-59— Circumstances under which §§ 4-5-48 to 4-5-60, inclusive, become inoperative
S.D. Codified Laws § 4-5-60— Construction with other state law