South Dakota Statutes
§ 5-8-3 — Income credited to rural credit fund--Transfer to school funds.
South Dakota·Title 5 PUBLIC PROPERTY, PURCHASES AND CONTRACTS·Ch. 5-8 RURAL CREDIT MINERAL RESERVATION
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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South Dakota § 5-8-3 (Income credited to rural credit fund--Transfer to school funds.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 1955, ch 279, §§ 1 to 3; SDC Supp 1960, § 55.3229; SL 1976, ch 20, § 4; SL 1978, ch 44.