32-11-32. Transfer from motor vehicle fund to local government highway and bridge fund--Balance maintained in motor vehicle fund.
The total of the collections coming into the state motor vehicle fund during the preceding fiscal year, less the amount to cover the corresponding expenses, shall be transferred on or about August first of each year to the local government highway and bridge fund except that a balance be maintained to provide cash flow in the state motor vehicle fund.
Source: SL 1953, ch 250, §3; SDC Supp 1960, §44.0217; SL 1965, ch 190; SL 1983, ch 238, §3; SL 1985, ch 252, §6.
Structure South Dakota Codified Laws
Chapter 11 - Motor Vehicle Funds
Section 32-11-4.1 - Distribution of county license fund collections.
Section 32-11-4.2 - County road and bridge fund established--Revenues.
Section 32-11-5 - Quarterly apportionment of amounts set aside to townships.
Section 32-11-7 - Counties with unorganized territory--Use of funds.
Section 32-11-9 - Construction of new county roads--Use of township funds.
Section 32-11-18 - County treasurer's procedure for remitting funds.
Section 32-11-19 - Forwarding to department.
Section 32-11-25 - Necessary supplies for compliance.
Section 32-11-30 - Expenses of administration.
Section 32-11-34 - Local government highway and bridge fund created--Appropriation.
Section 32-11-35 - Apportionment of local government highway and bridge fund.
Section 32-11-38 - Local bridge improvement grant fund created.
Section 32-11-39 - Promulgation of rules regarding local bridge improvement grant fund.