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May16

Policy Alert: Electronic Payment

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

 

HB 1104: Allows local governing bodies to require the payment for certain goods and services by electronic transaction.

 

SDCL 4-3-27 was amended by House Bill 1104.

 

SDCL 4-3-27 authorizes school officials and employees to use a credit card or electronic payment for the purchase of materials, supplies, equipment, or other authorized transactions for the benefit of the school district.

 

SDCL 4-3-27 requires school board, before authorizing the use of a credit card or electronic payment, to have a policy which addresses the use and accountability of credit card purchases or electronic transactions. 

 

ASBSD has amended sample policy DGD:  Credit Cards & Electronic Transfers.

 

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

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