South Dakota § 13-55-40 - Scholarship award payments--Amounts.
Full text of South Dakota South Dakota Codified Laws § 13-55-40 — Scholarship award payments--Amounts., with citation guidance and answers to common questions.
§ 13-55-40. Scholarship award payments--Amounts.
Scholarship award payments shall be made to the institution at the beginning of the fall or spring semester on behalf of the eligible student who has received a Richard Hagen-Minerva Harvey memorial scholarship. The amount of the award is as follows:
(1) Not less than one thousand dollars for the first year of attendance;
(2) Not less than one thousand dollars for the second year of attendance;
(3) Not less than one thousand five hundred dollars for the third year of attendance; and
(4) Not less than two thousand five hundred dollars for the fourth year of attendance.
However, the total amount of awards in any year may not invade the principal investment referenced in § 13-55-37.
Source: SL 2003, ch 109, § 4; SL 2014, ch 97, § 1.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 13-55-40
What does South Dakota Codified Laws § 13-55-40 cover?
Section 13-55-40 ("Scholarship award payments--Amounts.") 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 § 13-55-40?
A common citation format is "South Dakota Codified Laws § 13-55-40" (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 § 13-55-40 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.