Statutes, codes, and regulations
South Dakota Codified Laws
Title 5 - PUBLIC PROPERTY, PURCHASES AND CONTRACTS
Chapter 24 - RECEIPT, CARE AND ACCOUNTING FOR PUBLIC PROPERTY
Section 5-24-2 - Cost or value to be shown in inventory-Filing

S.D. Codified Laws § 5-24-2

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Current through the 2024 Legislative Session
Section 5-24-2 - Cost or value to be shown in inventory-Filing

The inventories required by §§ 5-24-1 and 5-24-1.1 shall show the actual cost for each item, or the estimated cost at the time of acquisition, if the actual cost cannot be ascertained. In the case of gifts, the estimated fair market value at the time of acquisition shall be used. The officer or employee shall retain one copy of the inventory in the officer's or employee's office. The others shall be filed as provided in §§ 5-24-1.1 and 5-24-3.

SDCL 5-24-2

SL 1903, ch 220, §§ 1 to 3; SL 1913, ch 293, § 1; RC 1919, § 7048; SDC 1939, § 48.0501; SL 1975, ch 61, § 2; SL 1977, ch 54, § 3; SL 1983, ch 36, § 2; SL 1984, ch 30, § 79; SL 2011, ch 2, §87.