Section 4-8-10 - Apportionment of interest from dedicated institutional funds. - South Dakota Statutes

4-8-10. Apportionment of interest from dedicated institutional funds. The commissioner of school and public lands, after any adjustments that have been made pursuant to § 5-10-18.3, shall apportion the funds arising from interest, dividends, and other income on invested funds derived from the sale of public lands apportioned to the educational, penal, and charitable institutions of the state, or from leases on such lands.

Source: SDC 1939, § 55.2208; SL 1983, ch 29, § 4; SL 2001, ch 26, § 3.