{"data":{"id":"us-sd/sdcl-6-14-2","jurisdiction":"us-sd","citation":"SDCL § 6-14-2","heading":"Spending.","body":"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.","path":["TITLE 6. LOCAL GOVERNMENT GENERALLY","CHAPTER 6-14. ENDOWMENT FUNDS"],"source_url":"https://sdlegislature.gov/Statutes/6-14-2","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:56Z","sha256":"89b56364c9f2daf857f12bc2b2df4bbda586bfae176e0ee6cfa46fb8e94fb247","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-6-14-1","next":"us-sd/sdcl-6-15-1"},"notice":"GroundRules: Original legal text. Not legal advice."}