South Dakota Codified Laws
Chapter 16H - Science And Technology Authority
Section 1-16H-5 - Board of directors--Appointment and terms.

1-16H-5. Board of directors--Appointment and terms.
The governing and administrative powers of the authority are vested in its board of directors, consisting of seven voting members and the president of the School of Mines and Technology as an ex-officio, nonvoting member. The Governor shall appoint the voting members, with the advice and consent of the Senate. Not all voting members of the board may be of the same political party. The terms of the voting members of the board shall be six years. Members of the board may serve more than one term.

Source: SL 2004, ch 15, §5, eff. Feb. 11, 2004; SL 2014, ch 8, §1.

Structure South Dakota Codified Laws

South Dakota Codified Laws

Title 1 - State Affairs and Government

Chapter 16H - Science And Technology Authority

Section 1-16H-1 - Legislative findings.

Section 1-16H-2 - Purpose of authority.

Section 1-16H-3 - Definitions.

Section 1-16H-4 - Science and Technology Authority created.

Section 1-16H-5 - Board of directors--Appointment and terms.

Section 1-16H-6 - Removal of members--Grounds.

Section 1-16H-7 - Compensation of members--Reimbursement of expenses.

Section 1-16H-8 - Oath of office.

Section 1-16H-9 - Executive director, agents, and employees--Duties--Compensation.

Section 1-16H-10 - Meetings of the board.

Section 1-16H-11 - Quorum--Vote required for action.

Section 1-16H-12 - Business interests not disqualification for membership--Abstention where conflict of interest.

Section 1-16H-13 - Open meetings--Notice.

Section 1-16H-14 - Record of proceedings--Filings--Copies--Certification.

Section 1-16H-15 - Powers and duties of authority.

Section 1-16H-16 - Promulgation of rules.

Section 1-16H-17 - Loans and grants made by authority.

Section 1-16H-18 - Investment of funds.

Section 1-16H-18.1 - Investment of funds with State Investment Council.

Section 1-16H-19 - Issuance of bonds, notes, or other evidence of indebtedness.

Section 1-16H-20 - Suit to compel performance by holder of revenue bond, note, or instrument issued by authority.

Section 1-16H-21 - Suit by holder of revenue bond to compel payment of principal, interest, or premium--Jurisdiction.

Section 1-16H-22 - Negotiability of bonds, notes, or instruments--Temporary bonds, notes, or instruments.

Section 1-16H-23 - Pledge of revenues from lease or loan agreement--Trust agreement.

Section 1-16H-24 - Pledge or assignment of or lien on or security interest in revenues, funds, or accounts.

Section 1-16H-25 - Pledge by state not to impair rights and remedies of holders of bonds and notes.

Section 1-16H-26 - State not liable for principal or interest on bonds, notes, instruments, or obligations of authority.

Section 1-16H-27 - Governmental bodies, financial institutions, and others authorized to invest in bonds or notes issued by authority.

Section 1-16H-28 - Exemption of documentary material and data involving trade secrets, etc., from disclosure--Consideration by authority in executive session.

Section 1-16H-29 - Title to projects.

Section 1-16H-30 - Acquisition of property.

Section 1-16H-31 - Acquisition, improvement, maintenance, and decommissioning of projects.

Section 1-16H-31.1 - Subsurface property defined.

Section 1-16H-31.2 - Condemnation of subsurface property for purpose of acquiring, developing, constructing, maintaining, or operating projects--Limitation--Procedures.

Section 1-16H-31.3 - Declaration of taking--Contents.

Section 1-16H-31.4 - Effective date of condemnation and right to just compensation.

Section 1-16H-31.5 - Notice of hearing on right to take--Waiver of right to question necessity--Order of court.

Section 1-16H-31.6 - Service or mailing of copy of declaration of taking and amendments.

Section 1-16H-31.7 - Amendments to the declaration of taking--Filing.

Section 1-16H-31.8 - Deposit with court of money representing just compensation for subsurface property--Expedition of proceedings.

Section 1-16H-31.9 - Distribution of money on deposit with the court--Judgment against authority for deficiency.

Section 1-16H-31.10 - Application of other provisions to subsurface property rights taken by authority.

Section 1-16H-32 - Intergovernmental agreements.

Section 1-16H-33 - Sharing of agency employees.

Section 1-16H-34 - Inapplicability of § 5-2-19.

Section 1-16H-35 - Transfer or exchange of property with other state agencies.

Section 1-16H-36 - Designation of depositories.

Section 1-16H-37 - Tax exemption of authority.

Section 1-16H-38 - Authority reports to Governor's Office of Economic Development.

Section 1-16H-39 - Informational budget.

Section 1-16H-40 - Transfer of functions and programs of Homestake Laboratory Conversion Project.

Section 1-16H-41 - Homestake Mine donation.

Section 1-16H-42 - Severability of provisions.

Section 1-16H-43 - Immunity from liability for condition or use of certain donated property.

Section 1-16H-44 - Property tax exemption for certain leased property in Lawrence County.