GroundRules
SDCL § 11-11-69: Purpose of capital reserve fund requirements.
Where this section sits in the code
- TITLE 11. PLANNING, ZONING AND HOUSING PROGRAMS
- CHAPTER 11-11. SOUTH DAKOTA HOUSING DEVELOPMENT AUTHORITY
To assure the continued operation and solvency of the authority for the carrying out of its corporate purposes, provision is made in §§ 11-11-70 to 11-11-75, inclusive, for the accumulation in each capital reserve fund created thereunder of an amount equal to the maximum capital reserve fund requirement for such fund.
Collected 2026-09-03T15:18:56Z. Source file · JSON