Home/South Dakota/Constitution/Art. XIII, § 20
South Dakota Constitution

Article XIII, § 20 — Trust fund created from proceeds of state cement enterprise – Investment

South Dakota Const. art. XIII, § 20

This text of South Dakota Const. art. XIII, § 20 (Trust fund created from proceeds of state cement enterprise – Investment) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

JurisdictionSouth DakotaDocumentConstitution
ArticleXIII
Section§ 20
CitationSouth Dakota Const. art. XIII, § 20
Bluebook
S.D. Const. art. XIII, § 20.

Full Text

The net proceeds derived from the sale of state cement enterprises shall be deposited by the South Dakota Cement Commission in a trust fund hereby created to benefit the citizens of South Dakota. The South Dakota Investment Council or its successor shall invest the trust fund in stocks, bonds, mutual funds, and other financial instruments as provided by law.

Add this to your briefcase to access full text.

Cite This Page — Counsel Stack

Bluebook (online)
South Dakota Const. art. XIII, § 20, Counsel Stack Legal Research, https://law.counselstack.com/constitution/sd/XIII/20.