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May16

Policy Alert – Authorized Signatures

ASBSD Policy Alert will be your source for the latest updates, commentary and information on school board policy.

 

HB 1126: Allows an appointed school board member to countersign school board payments.

 

House Bill 1126 amended SDCL 13-8-26 and as of July 1, 2014, school boards have the right to designate which school board member or members, in addition to the school board president, have the authority to countersign checks drawn by the business manager.

 

Currently, checks are to be signed by the school board president, or in the president’s absence, the vice-president.

 

In the future, the school board needs to designate which board member or members have the authority to countersign checks in the absence of the school board president.

 

ASBSD has amended sample policy DGA:  Authorized Signatures.

 

See more sample policies at the ASBSD Policy Reference Manual website.

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