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South Dakota Laws 1-16I-36 - Designation of depositories

South Dakota Laws > Title 1 > Chapter 16I > § 1-16I-36 - Designation of depositories


Current as of: 2010

The authority shall designate a qualified public depository as defined in § 4-6A-1 as a depository of its money. Those depositories shall be designated only within the state and upon condition that bonds approved as to form and surety by the authority and at least equal in amount to the maximum sum expected to be on deposit at any one time shall be first given by the depositories to the authority, those bonds to be conditioned for the safekeeping and prompt repayment of the deposits. If any of the funds of the authority are deposited by the treasurer in any such depository, the treasurer and the sureties on the treasurer's official bond are, to that extent, exempt from liability for the loss of any of the deposited funds by reason of the failure, bankruptcy, or any other act or default of the depository. However, the authority may accept assignments of collateral by any depository of its funds to secure the deposits to the same extent and conditioned in the same manner as assignments of collateral are permitted by law to secure deposits of the funds consistent with the provisions of chapter 4-6A.

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South Dakota Laws: Utilities

South Dakota Laws > Title 1 > Chapter 16I - South Dakota Energy Infrastructure Authority
South Dakota Laws > Title 49 - Public Utilities And Carriers

U.S. Code Provisions: Utilities

U.S. Code > Title 7 > Chapter 31 - Rural Electrification And Telephone Service
U.S. Code > Title 15 > Chapter 16B - Federal Energy Administration
U.S. Code > Title 15 > Chapter 16C - Energy Supply And Environmental Coordination
U.S. Code > Title 16 > Chapter 46 - Public Utility Regulatory Policies
U.S. Code > Title 42 > Chapter 71 - Solar Energy
U.S. Code > Title 42 > Chapter 73 - Development Of Energy Sources
U.S. Code > Title 42 > Chapter 74 - Nonnuclear Energy Research And Development
U.S. Code > Title 42 > Chapter 84 - Department Of Energy
U.S. Code > Title 42 > Chapter 91 - National Energy Conservation Policy
U.S. Code > Title 42 > Chapter 92 - Powerplant And Industrial Fuel Use
U.S. Code > Title 42 > Chapter 93 - Emergency Energy Conservation
U.S. Code > Title 42 > Chapter 94 - Low-Income Energy Assistance
U.S. Code > Title 42 > Chapter 125 - Renewable Energy And Energy Efficiency Technology Competitiveness
U.S. Code > Title 42 > Chapter 134 - Energy Policy
U.S. Code > Title 42 > Chapter 149 - National Energy Policy And Programs
U.S. Code > Title 42 > Chapter 152 - Energy Independence And Security

Federal Regulations: Utilities

CFR > Title 10 - Energy

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