South Dakota Codified Laws 1-16A-94. Promulgation of rules establishing forecasting methodology
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The South Dakota Board of Technical Education shall promulgate rules pursuant to chapter 1-26 establishing a methodology for forecasting anticipated contributions from student tuition and fees and additional state appropriations available pursuant to a lease purchase agreement to meet the projected scheduled payments of principal and interest on all outstanding bonds and other benchmarks.
Terms Used In South Dakota Codified Laws 1-16A-94
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
Source: SL 2013, ch 6, § 2; SL 2017, ch 81, § 49.