Statutes, codes, and regulations
South Dakota Codified Laws
Title 4 - PUBLIC FISCAL ADMINISTRATION
Chapter 5 - CUSTODY AND INVESTMENT OF STATE FUNDS
Section 4-5-47 - Investment of trust fund containing proceeds from sale of state cement enterprises

S.D. Codified Laws § 4-5-47

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Current through the 2024 Legislative Session
Section 4-5-47 - Investment of trust fund containing proceeds from sale of state cement enterprises

The State Investment Council as provided in § 4-5-12 is responsible for the investment of the trust fund containing the net proceeds from the sale of state cement enterprises. The investment of such funds is not restricted by the provisions of § 4-5-26, but is governed by the provisions of § 4-5-27.

SDCL 4-5-47

SL 2001, ch 25, §3; SDCL § 5-17-42; SL 2010, ch 32, §8.