<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 5-12-34 - Disposition of income under chapter--Public building fund. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2034392Normal { 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.s2034392SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2034392CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2034392Normal-000000 { 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.s2034392DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2034392Normal-000001 { margin-left: 0.70in; text-indent: -0.45in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } span.s2034392000002 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2034392SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2034392SCL-000003 { 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></head><body><div><p dir="ltr" class="s2034392Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=5-12-34"><span class="s2034392SENU">5-12-34</span></a><span xml:space="preserve" class="s2034392SENU">. </span><span class="s2034392CL">Disposition of income under chapter--Public building fund.</span></p><p dir="ltr" class="s2034392Normal-000000"><span class="s2034392DefaultParagraphFont">The gross total income from:</span></p><p dir="ltr" class="s2034392Normal-000001"><span class="s2034392DefaultParagraphFont">(1)    The sale of bonds;</span></p><p dir="ltr" class="s2034392Normal-000001"><span class="s2034392DefaultParagraphFont">(2)    Charges, fees, or rentals; and</span></p><p dir="ltr" class="s2034392Normal-000001"><span class="s2034392DefaultParagraphFont">(3)    All other revenue derived from any project undertaken pursuant to this chapter</span></p><p dir="ltr" class="s2034392Normal"><span class="s2034392DefaultParagraphFont">shall be paid to the treasurer of the State of South Dakota. Said income shall be held by him in trust for the purposes of this chapter, in a special fund known as "the public building fund." The state treasurer shall be ex officio custodian of such fund. Disbursements shall be made from such fund upon the order of the Building Authority.</span></p><p dir="ltr" class="s2034392Normal"><span xml:space="preserve" class="s2034392000002"> </span></p><p dir="ltr" class="s2034392Normal"><span class="s2034392SCL">Source:</span><span xml:space="preserve" class="s2034392SCL-000003"> SL 1967, ch 276, § 8.</span></p></div></body></html>