South Dakota Statutes

§ 11-11-73 — Transfer to other funds of capital reserve fund income.

South Dakota § 11-11-73
JurisdictionSouth Dakota
Title 11PLANNING, ZONING AND HOUSING PROGRAMS
Ch. 11-8SOUTH DAKOTA HOUSING DEVELOPMENT AUTHORITY

This text of South Dakota § 11-11-73 (Transfer to other funds of capital reserve fund income.) 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 § 11-11-73 (2026).

Text

Any income or interest earned by, or increment to, any capital reserve fund due to the investment thereof may be transferred by the authority to other funds or accounts of the authority to the extent it does not reduce the amount of such capital reserve fund below the maximum capital reserve fund requirement for such fund.

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Legislative History

SL 1973, ch 180, § 38; SDCL Supp, § 28-19-64.

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Bluebook (online)
South Dakota § 11-11-73, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/11-11-73.