The Economic Development Finance Authority may authorize a trustee to transfer any income from the capital reserve fund to a general account also in the custody of a trustee. The money in the authority's accounts is hereby continuously appropriated to the authority to carry out the purposes of this chapter.
S.D. Codified Laws § 1-16B-12
Transfer of income from capital reserve fund to a general account--Continuous appropriation for purposes of chapter
Source: SL 1978, ch 9, § 37; SL 1994, ch 12.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.