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Code · South Dakota · Title 4 · Chapter 4-5

4-5-4.1. Limitation of warrants on institutions' funds--Diversion of other funds prohibited--Proration of income.

57 words·~1 min read·/sd/title-4/chapter-4-5/4-5-4-1

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

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 .
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