SDCL § 13-16-14: Restriction on transfers from bond redemption fund.
Where this section sits in the code
- TITLE 13. EDUCATION
- CHAPTER 13-16. SCHOOL DISTRICT FUNDS AND ACCOUNTS
No money in the bond redemption fund may be transferred to any other fund unless a sufficient amount of money is retained in this fund to retire all outstanding bonds together with such interest as will accrue on such bonds. If any money is transferred from the bond redemption fund, the money shall be transferred to the general fund or the capital outlay fund.
Collected 2026-09-03T15:18:56Z. Source file · JSON