S.D. Codified Laws § 13-49-14.12

Current through the 2024 Legislative Session

Section 13-49-14.12 - South Dakota Services for the Deaf and the South Dakota School for the Visually Handicapped-Maintenance and repair fund

The Board of Regents may deposit any moneys held by it pursuant to § 13-49-14.2, but not needed to cover liabilities, into a special fund created in the South Dakota school and public lands endowment, known as the South Dakota Services for the Deaf and the South Dakota School for the Blind and Visually Impaired support fund.

All moneys so deposited are part of the school and public lands endowment, whose principal must be held inviolate, and the earnings must be made available to the board to:

(1) Support routine maintenance and repair at the South Dakota School for the Blind and Visually Impaired; and

(2) Support locations utilized by South Dakota Services for the Deaf.

SDCL 13-49-14.12

SL 1998, ch 101, § 1; SL 2023, ch 62, §5.

Amended by S.L. 2023, ch. 62,s. 5, eff. 7/1/2023.