2015 South Dakota Codified Laws
Title 11 - PLANNING, ZONING AND HOUSING PROGRAMS
Chapter 11 - South Dakota Housing Development Authority
§ 11-11-73 Transfer to other funds of capital reserve fund income.
11-11-73. Transfer to other funds of capital reserve fund income.
Any income or interest earned by, or increment to, any capital reserve fund due to the investment thereof may be transferred by the authority to other funds or accounts of the authority to the extent it does not reduce the amount of such capital reserve fund below the maximum capital reserve fund requirement for such fund.
Source: SL 1973, ch 180, § 38; SDCL Supp, § 28-19-64.
Disclaimer: These codes may not be the most recent version. South Dakota may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
