South Dakota Statutes

§ 1-16B-12 — Transfer of income from capital reserve fund to a general account--Continuous appropriation for purposes of chapter.

South Dakota § 1-16B-12
JurisdictionSouth Dakota
Title 1STATE AFFAIRS AND GOVERNMENT
Ch. 1-16ECONOMIC DEVELOPMENT FINANCE AUTHORITY

This text of South Dakota § 1-16B-12 (Transfer of income from capital reserve fund to a general account--Continuous appropriation for purposes of chapter.) 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.

Bluebook
S.D. Codified Laws § 1-16B-12 (2026).

Text

The Economic Development Finance Authority may authorize a trustee to transfer any income from the capital reserve fund to a general account also in the custody of a trustee. The money in the authority's accounts is hereby continuously appropriated to the authority to carry out the purposes of this chapter.

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Legislative History

SL 1978, ch 9, § 37; SL 1994, ch 12.

Nearby Sections

15
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Bluebook (online)
South Dakota § 1-16B-12, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/1-16B-12.