5-10-16. Delivery of payment by lessee or purchaser to state treasurer.
Upon receipt of payment by a lessee or purchaser, if remitted in the proper form and in the proper amount, the commissioner of school and public lands shall forthwith deliver the payment to the state treasurer with instructions as to the fund to be credited.
Source: SL 1945, ch 66, §3; SDC Supp 1960, §15.0605-1; SL 1988, ch 49, §8.
Structure South Dakota Codified Laws
Title 5 - Public Property, Purchases and Contracts
Chapter 10 - State School And Endowment Funds
Section 5-10-1.1 - Board of Regents endowed institution interest and income fund created.
Section 5-10-1.2 - Board of Regents endowed institution interest and income fund--Allocation.
Section 5-10-3 - Accounts and records maintained by commissioner.
Section 5-10-5 - Annual statement to counties of sale and lease payments coming due.
Section 5-10-16 - Delivery of payment by lessee or purchaser to state treasurer.
Section 5-10-17 - Credit to school and endowment fund.
Section 5-10-18 - Investment of permanent school funds.
Section 5-10-18.3 - Adjusting funds by rate of inflation--Procedure.
Section 5-10-23 - Bidding and purchase by state at judgment sale of school and public lands.
Section 5-10-24 - Maximum price bid by state--Allowance for prior encumbrances.