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South Dakota · Through 2026-08-31 · Newer source version available

SDCL § 6-14-2: Spending.

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Where this section sits in the code
  1. TITLE 6. LOCAL GOVERNMENT GENERALLY
  2. CHAPTER 6-14. ENDOWMENT FUNDS

The interest earned from the revenue in an endowment fund created pursuant to § 6-14-1 may be spent by the governing body of a political subdivision for any legal purpose. The principal in an endowment fund may be expended by the governing body by resolution after a public hearing called for that purpose.

Collected 2026-09-03T15:18:56Z. Source file · JSON

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