Exemption of political subdivisions from security provisions

This state or any municipality or other political subdivision of the state need not furnish any insurance or security as provided by §§ 62-5-1 to 62-5-5 , inclusive, or §§ 62-5-10 to 62-5-12 , inclusive, but may do so if it desires. Source: SL 1923, ch 311; SDC 1939, § 64.0106 (5); SL 1989, ch 453, § 8.