South Dakota Codified Laws 13-59-17. Control of museum building by Board of Regents–Maintenance andoperational costs
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The State Board of Regents has authority over the Lake County Historical Museum building, subject to the right of the donor corporation to make use of the building for its purposes as provided in § 13-59-12. The use which the university is to make of the building shall be arranged as not to interfere with the donor’s rights, privileges, and purposes.
The university, at its expense, shall furnish the maintenance and operation costs of the building from its facilities in exchange for the use of the building by the university as specified in § 13-59-12.
Terms Used In South Dakota Codified Laws 13-59-17
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Donor: The person who makes a gift.
Source: SL 1959, ch 80, §§ 7, 8; SDC Supp 1960, § 15.1305; SL 1989, ch 170, § 7; SL 2015, ch 8, § 3.