<html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 1-53-16 - Acceptance or expenditure of funds reported in informational budget.</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.saccc80032dd34fef83d3c0797ba09a8cNormal { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.saccc80032dd34fef83d3c0797ba09a8cSENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.saccc80032dd34fef83d3c0797ba09a8cCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.saccc80032dd34fef83d3c0797ba09a8cStatute { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.saccc80032dd34fef83d3c0797ba09a8cDefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.saccc80032dd34fef83d3c0797ba09a8c000000 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.saccc80032dd34fef83d3c0797ba09a8cNoIndent { text-indent: 0.00in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.saccc80032dd34fef83d3c0797ba09a8cDefaultParagraphFont-000001 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.saccc80032dd34fef83d3c0797ba09a8cSCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } body { text-decoration-skip-ink: none; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 1-53-16 - Acceptance or expenditure of funds reported in informational budget."><meta property="og:description" content="SDLRC Codified Law 1-53-16 - Acceptance or expenditure of funds reported in informational budget."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes?Statute=1-53-16"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="saccc80032dd34fef83d3c0797ba09a8cNormal"><a href="https://sdlegislature.gov/Statutes?Statute=1-53-16" rel="noopener"><span class="saccc80032dd34fef83d3c0797ba09a8cSENU">1-53-16</span></a><span xml:space="preserve" class="saccc80032dd34fef83d3c0797ba09a8cSENU">. </span><span class="saccc80032dd34fef83d3c0797ba09a8cCL">Acceptance or expenditure of funds reported in informational budget.</span></p><p dir="ltr" class="saccc80032dd34fef83d3c0797ba09a8cStatute"><span xml:space="preserve" class="saccc80032dd34fef83d3c0797ba09a8cDefaultParagraphFont">For the purposes of §§ </span><a href="https://sdlegislature.gov/Statutes?Statute=1-53-15" rel="noopener"><span class="saccc80032dd34fef83d3c0797ba09a8cDefaultParagraphFont">1-53-15</span></a><span xml:space="preserve" class="saccc80032dd34fef83d3c0797ba09a8cDefaultParagraphFont"> to </span><a href="https://sdlegislature.gov/Statutes?Statute=1-53-19" rel="noopener"><span class="saccc80032dd34fef83d3c0797ba09a8cDefaultParagraphFont">1-53-19</span></a><span xml:space="preserve" class="saccc80032dd34fef83d3c0797ba09a8cDefaultParagraphFont">, inclusive, the Board of Economic Development may accept, expend, or loan any funds previously received or to be obtained from federal sources and any funds to be obtained from gifts, contributions, or any other source if such acceptance and expenditure is reported as required by § </span><a href="https://sdlegislature.gov/Statutes?Statute=4-7-7.2" rel="noopener"><span class="saccc80032dd34fef83d3c0797ba09a8cDefaultParagraphFont">4-7-7.2</span></a><span class="saccc80032dd34fef83d3c0797ba09a8cDefaultParagraphFont">.</span></p><p dir="ltr" class="saccc80032dd34fef83d3c0797ba09a8cNormal"><span xml:space="preserve" class="saccc80032dd34fef83d3c0797ba09a8c000000"> </span></p><p dir="ltr" class="saccc80032dd34fef83d3c0797ba09a8cNoIndent"><span xml:space="preserve" class="saccc80032dd34fef83d3c0797ba09a8cDefaultParagraphFont-000001">Source: </span><span class="saccc80032dd34fef83d3c0797ba09a8cSCL">SL 2012, ch 15, § 2; SL 2022, ch 6, § 2.</span></p></div></body></html>