There is a newer version of the South Dakota Codified Laws
2012 South Dakota Codified Laws
Title 6 LOCAL GOVERNMENT GENERALLY
Chapter 08B. Bonds of Local Public Bodies
§6-8B-13 Disposition of proceeds.
SD Codified L § 6-8B-13 (through 2012) What's This?
6-8B-13. Disposition of proceeds. The proceeds derived from the sale of any bonds shall be kept as a special fund apart from the other funds of the public body and shall be used exclusively for the purpose for which the bonds were issued.
Source: SL 1984, ch 43, § 13.
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