South Dakota Codified Laws
Chapter 10 - State School And Endowment Funds
Section 5-10-18 - Investment of permanent school funds.

5-10-18. Investment of permanent school funds.
The moneys of the common school permanent fund and other educational funds shall be invested by the State Investment Council, in accordance with the provisions of §4-5-27.

Source: SL 1951, ch 85; SL 1953, ch 47; SL 1955, ch 37; SL 1957, ch 46; SDC Supp 1960, §15.0609-1; SL 1969, ch 34; SL 1970, ch 36; SL 1970, ch 37; SL 1972, ch 29; SL 1983, ch 28, §4; SL 1992, ch 60, §2; SL 1997, ch 37, §3; SL 2001, ch 26, §6.

Structure South Dakota Codified Laws

South Dakota Codified Laws

Title 5 - Public Property, Purchases and Contracts

Chapter 10 - State School And Endowment Funds

Section 5-10-1 - Assignment of receipts from leases, interest, and land sales to income and permanent 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 5-10-4 - Supervision by commissioner of collections, apportionment, and distribution of funds.

Section 5-10-5 - Annual statement to counties of sale and lease payments coming due.

Section 5-10-6 - Apportionment among counties and institutions of income from school lands and funds.

Section 5-10-7 - County treasurer's receipts for payments by lessees and purchasers--Disposition of copies.

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.

Section 5-10-25 - Disposition of proceeds of judgment.

Section 5-10-34 - Reporting status of common school interest and income fund and status of common school apportionment.