Sections 11-11-37, 11-11-38 - Acceptance of legislative appropriations--Purposes to which applied. Annual informational budget required--Inclusion in Governor's budget report - South-dakota Statutes

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Statutes > South-dakota > Title-11 > Chapter-11 > Statutes-11-11-37-11-11-38

11-11-37. Acceptance of legislative appropriations--Purposes to which applied. The authority is authorized to accept such moneys as may be appropriated from time to time by the Legislature for effectuating its corporate purposes including, without limitation, the payment of the initial expenses of administration and operation and the establishment of reserves or contingency funds to be available for the payment of the principal of and the interest on any bonds, notes, or other obligations of the authority.

Source: SL 1973, ch 180, § 49; SDCL Supp, § 28-19-34.

State Codes and Statutes

Statutes > South-dakota > Title-11 > Chapter-11 > Statutes-11-11-37-11-11-38

11-11-37. Acceptance of legislative appropriations--Purposes to which applied. The authority is authorized to accept such moneys as may be appropriated from time to time by the Legislature for effectuating its corporate purposes including, without limitation, the payment of the initial expenses of administration and operation and the establishment of reserves or contingency funds to be available for the payment of the principal of and the interest on any bonds, notes, or other obligations of the authority.

Source: SL 1973, ch 180, § 49; SDCL Supp, § 28-19-34.

State Codes and Statutes

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State Codes and Statutes

Statutes > South-dakota > Title-11 > Chapter-11 > Statutes-11-11-37-11-11-38

11-11-37. Acceptance of legislative appropriations--Purposes to which applied. The authority is authorized to accept such moneys as may be appropriated from time to time by the Legislature for effectuating its corporate purposes including, without limitation, the payment of the initial expenses of administration and operation and the establishment of reserves or contingency funds to be available for the payment of the principal of and the interest on any bonds, notes, or other obligations of the authority.

Source: SL 1973, ch 180, § 49; SDCL Supp, § 28-19-34.