South Dakota Statutes

§ 11-11-69 — Purpose of capital reserve fund requirements.

South Dakota § 11-11-69
JurisdictionSouth Dakota
Title 11PLANNING, ZONING AND HOUSING PROGRAMS
Ch. 11-8SOUTH DAKOTA HOUSING DEVELOPMENT AUTHORITY

This text of South Dakota § 11-11-69 (Purpose of capital reserve fund requirements.) 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 § 11-11-69 (2026).

Text

To assure the continued operation and solvency of the authority for the carrying out of its corporate purposes, provision is made in §§ 11-11-70 to 11-11-75 , inclusive, for the accumulation in each capital reserve fund created thereunder of an amount equal to the maximum capital reserve fund requirement for such fund.

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Legislative History

SL 1973, ch 180, § 39; SDCL Supp, § 28-19-60.

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Bluebook (online)
South Dakota § 11-11-69, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/11-11-69.