5-8-1. Rural credit board abolished--Powers transferred to commissioner of school and public lands.
63 words·~1 min read·
/sd/title-5/chapter-5-8/5-8-1A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The South Dakota Rural Credit Board is hereby abolished and all its powers and duties are hereby transferred to, and shall be exercised and performed by the commissioner of school and public lands; and the duties and powers heretofore vested in the rural credit director are hereby transferred to, and shall be exercised and performed by the commissioner of school and public lands.