Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
Section 4-5-47 - Investment of trust fund containing proceeds from sale of state cement enterprises — South Dakota Law | CourtGPT
  1. Home/
  2. Laws/
  3. South Dakota/
  4. Title 4 - Public Fiscal Administration/
  5. Chapter 05 - Custody and Investment of State Funds/
  6. Section 4-5-47 - Investment of trust fund containing proceeds from sale of state cement enterprises
South Dakota Legal Code

Section 4-5-47 - Investment of trust fund containing proceeds from sale of state cement enterprises

Ask AI about this
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. Source: SL 2001, ch 25, §3; SDCL §5-17-42; SL 2010, ch 32, §8.