Statutes, codes, and regulations
South Dakota Codified Laws
Title 4 - PUBLIC FISCAL ADMINISTRATION
Chapter 4 - STATE PUBLIC FUND STRUCTURE
Section 4-4-4.3 - Securities operating fund and insurance operating fund established-Permitted expenditures

S.D. Codified Laws § 4-4-4.3

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Current through the 2024 Legislative Session
Section 4-4-4.3 - Securities operating fund and insurance operating fund established-Permitted expenditures

There is established within the state treasury the securities operating fund and the insurance operating fund, into which shall be deposited all fees received by each division. All moneys in the funds created by this section shall be budgeted and expended in accordance with the provisions of Title 4 on warrants drawn by the state auditor on vouchers approved by the secretary of the Department of Labor and Regulation. Expenditures from these funds may be made only to pay the necessary expenses of purposes specified in §§ 37-5B-1 to 37-5B-50, inclusive, and chapters 37-25A, 47-31B, 47-33, and Title 58.

SDCL 4-4-4.3

SL 1989, ch 48, § 1; SL 2003, ch 272 (Ex. Ord. 03-1), §§ 20, 121; SL 2004, ch 278, §55; SL 2008, ch 203, §60; SL 2011, ch 1 (Ex. Ord. 11-1), § 162, eff. Apr. 12, 2011.