All moneys arising from such leases or the production of oil or gas thereunder shall become a part of the general funds of such school district.
S.D. Codified Laws § 13-24-8
Oil and gas proceeds paid into district general fund
Source: SL 1941, ch 72, § 3; SL 1955, ch 41, ch 11, § 4; SDC Supp 1960, § 15.2104.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.