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Code · South Dakota · Title 5 · Chapter 5-27

5-27-1. State capital construction fund established.

76 words·~1 min read·/sd/title-5/chapter-5-27/5-27-1

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There is hereby established within the state treasury the state capital construction fund into which shall be deposited the net proceeds to the state from the sale of on-line lottery tickets pursuant to § 42-7A-24 , and such other revenues as the Legislature may designate. The fund shall be a participating fund and shall be credited for all interest earned on fund balances. Expenditures from the fund shall be made only upon approval by the Legislature.
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