South Dakota § 5-12-35 - Accounts maintained by authority--Purpose of disbursements from public building fund.
Full text of South Dakota South Dakota Codified Laws § 5-12-35 — Accounts maintained by authority--Purpose of disbursements from public building fund., with citation guidance and answers to common questions.
§ 5-12-35. Accounts maintained by authority--Purpose of disbursements from public building fund.
The Building Authority shall keep account of the gross total income derived from each separate project or any combination thereof undertaken pursuant to this chapter. Disbursements from a given account in the public building fund shall be ordered by the authority only for the payment of:
(1) The cost of maintenance and operation of the facility or facilities, unless otherwise provided for;
(2) The principal of and interest on the bonds issued for each project, or combination thereof; and
(3) Any other purposes set forth in the resolution authorizing the issuance of said bonds.
Source: SL 1967, ch 276, § 9.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 5-12-35
What does South Dakota Codified Laws § 5-12-35 cover?
Section 5-12-35 ("Accounts maintained by authority--Purpose of disbursements from public building fund.") is part of the South Dakota Codified Laws, the codified statutory law of South Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Dakota § 5-12-35?
A common citation format is "South Dakota Codified Laws § 5-12-35" (South Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Dakota official source linked on this page or consult a licensed South Dakota attorney.
How does South Dakota § 5-12-35 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Dakota.