S.D. Codified Laws § 1-16B-12

Current through the 2024 Legislative Session

Section 1-16B-12 - Transfer of income from capital reserve fund to a general account-Continuous appropriation for purposes of chapter

The Economic Development Finance Authority may authorize a trustee to transfer any income from the capital reserve fund to a general account also in the custody of a trustee. The money in the authority's accounts is hereby continuously appropriated to the authority to carry out the purposes of this chapter.

SDCL 1-16B-12

SL 1978, ch 9, § 37; SL 1994, ch 12.