South Dakota Statutes

§ 1-16G-24 — Use of earnings for administrative costs of Division of Finance of Governor's Office of Economic Development.

South Dakota § 1-16G-24
JurisdictionSouth Dakota
Title 1STATE AFFAIRS AND GOVERNMENT
Ch. 1-16FECONOMIC DEVELOPMENT

This text of South Dakota § 1-16G-24 (Use of earnings for administrative costs of Division of Finance of Governor's Office of Economic Development.) 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 § 1-16G-24 (2026).

Text

Earnings on the revolving economic development and initiative fund may be used for the administrative costs of the Division of Finance of the Governor's Office of Economic Development. Such earnings shall be expended in accordance with the provisions of Title 4 on warrants drawn by the state auditor on vouchers approved by the commissioner of the Governor's Office of Economic Development. Eligible expenses may not exceed total interest earnings during the previous fiscal year prior to the deduction of loan losses for the same fiscal year.

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Legislative History

SL 1994, ch 14; SL 1999, ch 5, § 6; SL 2003, ch 15, § 6; SL 2004, ch 13, § 7; SL 2005, ch 10, § 3; SL 2007, ch 5, § 9; SL 2011, ch 1 (Ex. Ord.

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Bluebook (online)
South Dakota § 1-16G-24, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/1-16G-24.