South Dakota Codified Laws
Chapter 53 - Governor's Office Of Economic Development
Section 1-53-24 - Agreements for administration of trust assets by federal government.

1-53-24. Agreements for administration of trust assets by federal government.
The commissioner of the Governor's Office of Economic Development, with the approval of the Governor, is authorized to enter into agreements with the secretary of agriculture of the United States pursuant to section 2(f) of the aforesaid act of the Congress of the United States, upon such terms and conditions and for such periods of time as may be mutually agreeable, authorizing the secretary of agriculture of the United States to accept, administer, expend and use in the State of South Dakota all or any part of such trust assets or any other funds of the State of South Dakota which may be appropriated for such uses for carrying out the purposes of Titles I and II of the Bankhead-Jones Farm Tenant Act, in accordance with the applicable provisions of Title IV thereof, as amended, and to do any and all things necessary to effectuate and carry out the purposes of said agreements.

Source: SL 1951, ch 4, §3; SDC Supp 1960, §4.0117; SDCL §38-6-3; SL 2019, ch 235 (Ex. Ord. 19-1), §43, eff. Apr. 14, 2019.

Structure South Dakota Codified Laws

South Dakota Codified Laws

Title 1 - State Affairs and Government

Chapter 53 - Governor's Office Of Economic Development

Section 1-53-1 - Governor's Office of Economic Development created--Commissioner as head.

Section 1-53-3 - Purpose of Governor's Office of Economic Development.

Section 1-53-4 - Functions of Governor's Office of Economic Development.

Section 1-53-5 - Information received by Governor's Office of Economic Development--When open to public inspection--Copies.

Section 1-53-6 - Confidentiality of certain information.

Section 1-53-7 - Contributions to Governor's Office of Economic Development--Special revenue fund--Use and disbursements.

Section 1-53-15 - Small business credit initiative fund.

Section 1-53-16 - Acceptance or expenditure of funds reported in informational budget.

Section 1-53-17 - Deposits into and expenditures from small business credit initiative fund.

Section 1-53-18 - Property given as security for loan.

Section 1-53-19 - Confidentiality of certain information concerning small business credit initiative loans.

Section 1-53-20 - Criminal background investigation of new employees--Temporary employment--Fees.

Section 1-53-21 - Farm link program established.

Section 1-53-22 - Promulgation of rules governing farm link program.

Section 1-53-23 - Commissioner of Governor's Office of Economic Development as state official to receive rural rehabilitation trust assets.

Section 1-53-24 - Agreements for administration of trust assets by federal government.

Section 1-53-25 - Deposit of trust assets with state treasurer--Purposes for which used.

Section 1-53-26 - Compromise, adjustment, and collection of claims and obligations.

Section 1-53-27 - Purchase and acquisition of property securing indebtedness.

Section 1-53-28 - Operation, lease, and disposition of property purchased or acquired.

Section 1-53-29 - Investment, transfer, and sale of securities and obligations--Purposes.

Section 1-53-30 - Promulgation of rules for disposition of claims and administration of trust.

Section 1-53-31 - Powers delegated to secretary of agriculture of United States.

Section 1-53-32 - United States held free from liability.

Section 1-53-33 - Severability of provisions.

Section 1-53-34 - Value added agriculture subfund created.

Section 1-53-35 - Value added agriculture subfund administration.

Section 1-53-36 - Earnings on value added agriculture subfund.

Section 1-53-37 - Promulgation of rules--Value-added agriculture subfund.

Section 1-53-38 - South Dakota Certified Beef Program.

Section 1-53-39 - Beef products produced by registered participants in compliance with requirements authorized for sale as South Dakota Certified Beef.

Section 1-53-40 - Authority of Governor's Office of Economic Development--Program requirements and operation.

Section 1-53-41 - Use of mark, copyright, or label--Violation as felony.

Section 1-53-42 - Confidential information--Exception.

Section 1-53-43 - Promulgation of rules on certified beef program.

Section 1-53-44 - Enforcement by court action--Injunctive relief.

Section 1-53-45 - Revocation of license.

Section 1-53-46 - Agency cooperation to develop, administer, and market certified beef program.

Section 1-53-47 - South Dakota Certified beef fund--Deposits and expenditures.