South Dakota § 13-51-15 - Long range financing plan required for improvements financed by private donations--Establishing endowments.
Full text of South Dakota South Dakota Codified Laws § 13-51-15 — Long range financing plan required for improvements financed by private donations--Establishing endowments., with citation guidance and answers to common questions.
§ 13-51-15. Long range financing plan required for improvements financed by private donations--Establishing endowments.
Where a capital improvement is to be primarily financed by private donations, the Board of Regents shall require the institution at which the construction will take place to develop a long-range financing plan to detail how the institution will fund projected operating, maintenance, and repair costs associated with the capital improvement. The board may require the establishment of endowments or the provision for the other nonstate fund revenue sources to cover projected operating, maintenance, or repair costs of privately donated academic buildings. The board shall require the establishment of endowments or the provision for other nonstate fund revenue sources to cover projected operating, maintenance, or repair costs of privately donated nonacademic buildings.
Source: SL 1995, ch 108, § 4.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 13-51-15
What does South Dakota Codified Laws § 13-51-15 cover?
Section 13-51-15 ("Long range financing plan required for improvements financed by private donations--Establishing endowments.") 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 § 13-51-15?
A common citation format is "South Dakota Codified Laws § 13-51-15" (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 § 13-51-15 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.