South Dakota Statutes
§ 5-8-3 — Income credited to rural credit fund--Transfer to school funds.
South Dakota § 5-8-3
JurisdictionSouth Dakota
Title 5PUBLIC PROPERTY, PURCHASES AND CONTRACTS
Ch. 5-8RURAL CREDIT MINERAL RESERVATION
This text of South Dakota § 5-8-3 (Income credited to rural credit fund--Transfer to school funds.) 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 § 5-8-3 (2026).
Text
All funds heretofore credited to the rural credit fund shall continue to be so credited. The commissioner of school and public lands shall from time to time direct the state treasurer to transfer moneys from the rural credit fund as follows: fifty percent to the common school interest and income fund and fifty percent to the common school permanent fund.
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Legislative History
SL 1955, ch 279, §§ 1 to 3; SDC Supp 1960, § 55.3229; SL 1976, ch 20, § 4; SL 1978, ch 44.
Nearby Sections
15
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Bluebook (online)
South Dakota § 5-8-3, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/5-8-3.