<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 11-9-31 - Tax increments deposited in special fund--Appropriations to fund--Investment of moneys in fund.</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.s5f018552e3be42ed9aacb142c8f2cd93Normal { 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.s5f018552e3be42ed9aacb142c8f2cd93SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s5f018552e3be42ed9aacb142c8f2cd93CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s5f018552e3be42ed9aacb142c8f2cd93Statute { 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.s5f018552e3be42ed9aacb142c8f2cd93DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s5f018552e3be42ed9aacb142c8f2cd93000000 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s5f018552e3be42ed9aacb142c8f2cd93NoIndent { 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.s5f018552e3be42ed9aacb142c8f2cd93DefaultParagraphFont-000001 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s5f018552e3be42ed9aacb142c8f2cd93SCL { 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 11-9-31 - Tax increments deposited in special fund--Appropriations to fund--Investment of moneys in fund."><meta property="og:description" content="SDLRC Codified Law 11-9-31 - Tax increments deposited in special fund--Appropriations to fund--Investment of moneys in fund."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes/11-9-31"><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="s5f018552e3be42ed9aacb142c8f2cd93Normal"><a href="https://sdlegislature.gov/Statutes?Statute=11-9-31" rel="noopener"><span class="s5f018552e3be42ed9aacb142c8f2cd93SENU">11-9-31</span></a><span xml:space="preserve" class="s5f018552e3be42ed9aacb142c8f2cd93SENU">. </span><span class="s5f018552e3be42ed9aacb142c8f2cd93CL">Tax increments deposited in special fund--Appropriations to fund--Investment of moneys in fund.</span></p><p dir="ltr" class="s5f018552e3be42ed9aacb142c8f2cd93Statute"><span class="s5f018552e3be42ed9aacb142c8f2cd93DefaultParagraphFont">The county treasurer or municipal finance officer, as applicable, shall deposit all tax increments received in a district into a special fund for the district. The county treasurer or municipal finance officer, as applicable, may deposit additional moneys into the fund pursuant to an appropriation by the governing body. Subject to any agreement with bondholders, moneys in the fund may be temporarily invested in the same manner as other funds of the political subdivision.</span></p><p dir="ltr" class="s5f018552e3be42ed9aacb142c8f2cd93Normal"><span xml:space="preserve" class="s5f018552e3be42ed9aacb142c8f2cd93000000"> </span></p><p dir="ltr" class="s5f018552e3be42ed9aacb142c8f2cd93NoIndent"><span xml:space="preserve" class="s5f018552e3be42ed9aacb142c8f2cd93DefaultParagraphFont-000001">Source: </span><span class="s5f018552e3be42ed9aacb142c8f2cd93SCL">SL 1978, ch 91, § 18; SL 2018, ch 70, § 32; SL 2024, ch 45, § 13.</span></p></div></body></html>