§ 5-10-1 Assignment of receipts from leases, interest, and land sales to income and permanent funds
§ 5-10-1.1 Board of Regents endowed institution interest and income fund created
§ 5-10-1.2 Endowed institution interest and income fund–Allocation
§ 5-10-3 Accounts and records maintained by commissioner
§ 5-10-4 Supervision by commissioner of collections, apportionment, and distribution of funds
§ 5-10-5 Annual statement to counties of sale and lease payments coming due
§ 5-10-6 Apportionment among counties and institutions of income from school lands and funds
§ 5-10-7 County treasurer’s receipts for payments by lessees and purchasers–Disposition of copies
§ 5-10-16 Delivery of payment by lessee or purchaser to state treasurer
§ 5-10-17 Credit to school and endowment fund
§ 5-10-18 Investment of permanent school funds
§ 5-10-18.3 Adjusting funds by rate of inflation–Procedure
§ 5-10-23 Bidding and purchase by state at judgment sale of school and public lands
§ 5-10-24 Maximum price bid by state–Allowance for prior encumbrances
§ 5-10-25 Disposition of proceeds of judgment
§ 5-10-34 Reporting status of common school interest and income fund and status of common school apportionment

Terms Used In South Dakota Codified Laws > Title 5 > Chapter 10 - State School and Endowment Funds

  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2
  • Property: includes property, real and personal. See South Dakota Codified Laws 2-14-2
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.