South Dakota Statutes

§ 6-14-2 — Spending.

South Dakota § 6-14-2

JurisdictionSouth Dakota

Title 6LOCAL GOVERNMENT GENERALLY

Ch. 6-14ENDOWMENT FUNDS

This text of South Dakota § 6-14-2 (Spending.) 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 § 6-14-2 (2026).

Text

The interest earned from the revenue in an endowment fund created pursuant to § 6-14-1 may be spent by the governing body of a political subdivision for any legal purpose. The principal in an endowment fund may be expended by the governing body by resolution after a public hearing called for that purpose.

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Legislative History

SL 1991, ch 56, § 2.

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Bluebook (online)

South Dakota § 6-14-2, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/6-14-2.