Section 3-5-4 - Sureties on bonds

3-5-4. Sureties on bonds.Every official bond shall be given with at least two sureties, and the bond of the state treasurer shall have at least four sureties, and that of the county treasurer at least three sureties.In lieu of a bond with personal sureties a bond executed by a surety company legally authorized to transact business in this state may be approved. Source: PolC 1877, ch 5, §7; CL 1887, §1375; RPolC 1903, §1792; SL 1909, ch 225; RC 1919, §7028; SDC 1939, §48.0305.