South Dakota Codified Laws 26-14-2. Acceptance of contributions
Current as of: 2023 | Check for updates
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The state treasurer may receive, by gift or devise, contributions, grants, or gifts in cash or otherwise from persons, associations, or corporations to be deposited in the children‘s trust fund.
Terms Used In South Dakota Codified Laws 26-14-2
- Children: includes children by birth and by adoption. See South Dakota Codified Laws 2-14-2
- Devise: To gift property by will.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
Source: SL 1984, ch 194, § 3.