{"data":{"id":"us-sd/sdcl-4-5-8","jurisdiction":"us-sd","citation":"SDCL § 4-5-8","heading":"Investment policies for local funds determined by governing board.","body":"Investments of public funds as defined in § 4-5-5 shall be made only after the adoption of a proper resolution by the governing board of such county, municipality, township, or school district. Such resolution shall state the investment policies to be followed by the treasurer thereof.","path":["TITLE 4. PUBLIC FISCAL ADMINISTRATION","CHAPTER 4-5. CUSTODY AND INVESTMENT OF STATE FUNDS"],"source_url":"https://sdlegislature.gov/Statutes/4-5-8","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:56Z","sha256":"ae0268c98af7ee11d9e78f65ed3b9ae74ab77078f621f6736976385de59ed920","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-4-5-7","next":"us-sd/sdcl-4-5-9"},"notice":"GroundRules: Original legal text. Not legal advice."}