11-11-72. Valuation of securities held by capital reserve funds.In computing the amount of the capital reserve funds for the purpose of §§11-11-71 to 11-11-75, inclusive, securities in which all or a portion of such funds shall be invested shall be valued at par or if purchased at less than par, at their cost to the authority. Source: SL 1973, ch 180, §38; SDCL Supp, §28-19-63.
South Dakota Legal Code