South Dakota § 6-4-2 Investment of money in fund--Disposition of income.

South Dakota Statutes

§ 6-4-2 — Investment of money in fund--Disposition of income.

South Dakota § 6-4-2

Title 6LOCAL GOVERNMENT GENERALLY

Ch. 6-4AUDITORIUM BUILDING FUNDS

This text of South Dakota § 6-4-2 (Investment of money in fund--Disposition of income.) 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 § 6-4-2 (2026).

Text

The governing body of such county, municipality, or school district shall have power and authority to invest, from time to time and as such fund accumulates, the moneys derived therefrom in bonds of the State of South Dakota, bonds of any subdivision of government of this state, or bonds of the United States government, and the income derived from such investment shall be paid into and kept in such auditorium building fund.

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The governing body of such county, municipality, or school district shall have power and authority to invest, from time to time and as such fund accumulates, the moneys derived therefrom in bonds of the State of South Dakota, bonds of any subdivision of government of this state, or bonds of the United States government, and the income derived from such investment shall be paid into and kept in such auditorium building fund.