Upon receipt of the appropriation pursuant to SL 2014, ch 21, § 1, the state treasurer shall transfer the balance of the funds of the cement plant retirement fund to the South Dakota Retirement System trust fund.

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Terms Used In South Dakota Codified Laws 3-12C-1642

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization

Source: SL 2014, ch 21, § 2, eff. Apr. 1, 2014; SDCL § 3-12-217 SL 2019, ch 22, § 1.