13-62-12. Funds and property applied to benefit of school.
It shall be the duty of the Board of Regents to apply all funds, effects, and property which may be received, faithfully to the use and benefit of the school.
Source: SDC 1939, §55.4102 (4); SL 1953, ch 296, §2.
Structure South Dakota Codified Laws
Chapter 62 - State School For The Deaf
Section 13-62-1 - Location of school--Control by Board of Regents--Purpose.
Section 13-62-2 - Superintendent, instructors, and staff--Qualifications.
Section 13-62-3 - Bond of superintendent.
Section 13-62-4 - Duties of superintendent--Employment and compensation of other personnel.
Section 13-62-5 - Preservation of school buildings and property.
Section 13-62-6 - Persons entitled to admission to school--Admission of nonresident pupils.
Section 13-62-11 - Transportation allowance.
Section 13-62-12 - Funds and property applied to benefit of school.
Section 13-62-13 - Academic year of school .
Section 13-62-14 - Rules for operation of school.
Section 13-62-15 - Lease of buildings for commercial purposes--Use of lease income.