South Dakota Statutes
§ 33A-5-13 — Minimum principal balance of fund.
Donations to the South Dakota State Veterans Cemetery endowment fund shall be deposited into the fund to reach a minimum principal balance of three million dollars ($3,000,000) by July 1, 2023. Notwithstanding the minimum principal balance under this section, expenditures may be made prior to July 1, 2023. If the minimum principal balance is reached prior to July 1, 2023, no expenditures may reduce the principal balance below three million dollars ($3,000,000).
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Legislative History
SL 2018, ch 201, § 3, eff. Mar. 23, 2018.
Nearby Sections
15
§ 33A-1-1
Veteran defined.§ 33A-1-10
Office and personnel.§ 33A-1-11
Annual report.§ 33A-1-12
Qualifications of employees--Duties.§ 33A-1-13
Representation of veterans.§ 33A-1-15
Burial of veterans.§ 33A-1-16
Benefits secured by department.