South Dakota Statutes
§ 9-21-28 — Transfer to school districts of surplus from revenue-producing enterprises--Transfer to funds.
South Dakota § 9-21-28
This text of South Dakota § 9-21-28 (Transfer to school districts of surplus from revenue-producing enterprises--Transfer to 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 § 9-21-28 (2026).
Text
Authority is hereby granted to all municipalities to transfer surplus funds accumulated through special municipal revenue producing enterprises to public school districts operating within the municipality; provided such transfer of funds shall be made through a majority vote of the governing body of the municipality and accepted by a majority vote of the governing body of such school district. No funds shall be transferred that are acquired through legal tax levy in the municipality. All such funds may be transferred by the school district to the general fund or the capital outlay fund of such school district.
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Legislative History
SL 1947, ch 220, §§ 1, 2; SDC Supp 1960, § 45.1436; SL 2005, ch 98, § 2.
Nearby Sections
15
§ 9-1-1
Definition of terms.§ 9-1-9
Repealed.Cite This Page — Counsel Stack
Bluebook (online)
South Dakota § 9-21-28, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/9-21-28.