SDCL § 4-5-4.1: Limitation of warrants on institutions' funds--Diversion of other funds prohibited--Proration of income.
Where this section sits in the code
- TITLE 4. PUBLIC FISCAL ADMINISTRATION
- CHAPTER 4-5. CUSTODY AND INVESTMENT OF STATE FUNDS
No warrants shall be drawn in excess of the funds made available in the institutions' funds by the Board of Regents and at no time shall any money from other funds be diverted to the use of the institutions' funds. The state investment officer shall prorate all income to the institutions as required by § 4-5-30.
Collected 2026-09-03T15:18:56Z. Source file · JSON