South Dakota § 13-53-18 Board approval of expenditures required--Indebtedness limited to available funds--Expenditures limited by legal purposes.

South Dakota Statutes

§ 13-53-18 — Board approval of expenditures required--Indebtedness limited to available funds--Expenditures limited by legal purposes.

South Dakota § 13-53-18

Title 13EDUCATION

Ch. 13-52ADMINISTRATION OF STATE INSTITUTIONS

This text of South Dakota § 13-53-18 (Board approval of expenditures required--Indebtedness limited to available funds--Expenditures limited by legal purposes.) 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 § 13-53-18 (2026).

Text

Except as provided in § 13-53-19 , expenditures shall be made only by express authority of the Board of Regents first obtained, and no indebtedness shall ever be permitted or incurred except against funds already available for such purpose, and no expenditure from any fund shall, under any circumstances, be made except for the legal purpose for which such fund exists and for the institution to which it belongs.

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Except as provided in § 13-53-19 , expenditures shall be made only by express authority of the Board of Regents first obtained, and no indebtedness shall ever be permitted or incurred except against funds already available for such purpose, and no expenditure from any fund shall, under any circumstances, be made except for the legal purpose for which such fund exists and for the institution to which it belongs.