5-2-6. Proceeds of sand and gravel contracts--Payment--Deposit.
All funds received by the state under contracts pursuant to §5-2-5, shall be paid to the state treasurer under such rules as the commissioner of school and public lands shall promulgate pursuant to chapter 1-26. The state treasurer shall deposit the funds into the school fund of the state.
Source: SL 1921, ch 357, §5; SDC 1939, §15.0325; SL 1984, ch 34, §5.
Structure South Dakota Codified Laws
Title 5 - Public Property, Purchases and Contracts
Chapter 02 - State-Owned Lands In General
Section 5-2-1 - Acquisition of options for additional lands for institutions.
Section 5-2-2.3 - Use of proceeds and interest from sale.
Section 5-2-2.4 - Lease of land by executive branch--Period of lease--Renewal--Amount.
Section 5-2-4 - State ownership of lake and river beds declared--Riparian owners protected.
Section 5-2-6 - Proceeds of sand and gravel contracts--Payment--Deposit.
Section 5-2-7 - Rules and conditions governing sand and gravel contracts.
Section 5-2-8 - Unauthorized taking of materials from lake or river beds as misdemeanor.
Section 5-2-9 - Enforcement of state's right to materials from lake and river beds.
Section 5-2-11.2 - Recording of affidavit.
Section 5-2-11.3 - Previously recorded affidavits validated.
Section 5-2-12 - Mineral reservation in leases and conveyances of state land.
Section 5-2-17 - Land sales within federal irrigation projects to conform to federal limitations.
Section 5-2-19 - Review process of property given to state.
Section 5-2-20 - Transfer of state's interest in Camp Lakodia to 4-H Foundation.