South Dakota Codified Laws 13-49-14.12. South Dakota Services for the Deaf and the South Dakota School for the Visually Handicapped–Maintenance and repair fund
Current as of: 2023 | Check for updates
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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:
Terms Used In South Dakota Codified Laws 13-49-14.12
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
(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.
Source: SL 1998, ch 101, § 1; SL 2023, ch 62, § 5.