24:50:01:16.  Prohibited uses of grant funds. The council may not provide assistance for the following:

          (1)  Funding for capital improvements, except as match funds, new building construction, or endowment funds;

          (2)  Funding to make up fund deficiencies in projects other than approved projects specified by the council; and

          (3)  Funding for activities for which the primary purpose is to generate academic credit.

          Source: 12 SDR 56, effective October 8, 1985.

          General Authority:SDCL 1-22-8.

          Law Implemented:SDCL 1-22-5.