6:02:03:01. Determination of loss. For the purpose of carrying out SDCL 4-6A-11, the commission may use information obtained by the federal deposit insurers in ascertaining the amount of public funds on deposit in a public depository subject to a loss, and the amount of such funds covered by deposit insurance.
Source: 2 SDR 51, effective January 13, 1976; 13 SDR 37, effective October 9, 1986; 24 SDR 93, effective January 12, 1998.
General Authority:SDCL 4-6A-20.
Law Implemented:SDCL 4-6A-11.
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