There is a newer version of the South Dakota Codified Laws
2011 South Dakota Code
Title 13 EDUCATION
Chapter 56. Higher Education Loan Guaranty Program
§13-56-5 Public credit not pledged for student loan program.
SD Codified L § 13-56-5 (through 2011) What's This?
13-56-5. Public credit not pledged for student loan program. The credit of the state, or any of its departments or subdivisions, shall never be encumbered or obligated, under the provisions of this chapter, or in any of its operations or applications.
Source: SL 1966, ch 210, § 6; SL 1978, ch 130, § 4.
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