<html> <head> <title>Rule 50:01:03:12 Deposit and investment of funds.</title> <META NAME="Keywords" Content="Administrative Rules 50:01:03:12"> <META NAME="Description" Content="Administrative Rules 50:01:03:12 Deposit and investment of funds."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>50:01:03:12.&nbsp;&nbsp;Deposit and investment of funds.</b> All money collected from the adjutant general club and charter members shall be deposited into a special trust account with the state treasurer. The funds on deposit shall be invested by the South Dakota investment council. The fund may be used for the operation and maintenance of the South Dakota national guard museum and its annexes. Prorated earnings shall be credited to the fund.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 9 SDR 24, effective August 29, 1982; 12 SDR 151, 12 SDR 154, effective July 1, 1986.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=33-11A-3">33-11A-3.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=33-11A-4">33-11A-4.</A></p> </div> </body> </html>