The South Dakota Rural Credit Board is hereby abolished and all its powers and duties are hereby transferred to, and shall be exercised and performed by the commissioner of school and public lands; and the duties and powers heretofore vested in the rural credit director are hereby transferred to, and shall be exercised and performed by the commissioner of school and public lands.
S.D. Codified Laws § 5-8-1
Rural credit board abolished--Powers transferred to commissioner of school and public lands
Source: SL 1959, ch 292, § 1; SDC Supp 1960, § 55.3201-1.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.