§ 31.03 AMOUNT OF BOND.
   The bond shall be annually established by the Board of Trustees in an amount equal to the maximum amount estimated to be on hand at any 1 time, but not to exceed $50,000.
(1992 Code, § 1-2-3) (Ord. 31, § 4-3, passed 10-1-1975)
Statutory reference:
   Authority, see SDCL Ch. 9-14