Statutes > South Dakota Statutes > Title 13 - EDUCATION > Chapter 16 - School District Funds And Accounts > Section 13-16-26.2 - Transfer from general fund to capital outlay fund prohibited.

Section 13-16-26.2 - Transfer from general fund to capital outlay fund prohibited.

13-16-26.2. Transfer from general fund to capital outlay fund prohibited. Notwithstanding the provisions of § 13-16-26, no school district may transfer any funds, exclusive of federal funds, from the general fund to the capital outlay fund, bond redemption fund or the capital projects fund.

Source: SL 2000, ch 77, § 1; SL 2001, ch 77, § 6.