Statutes > South Dakota Statutes > Title 13 - EDUCATION > Chapter 16 - School District Funds And Accounts > Section 13-16-9 - Expenditure of money from capital outlay fund.

Section 13-16-9 - Expenditure of money from capital outlay fund.

13-16-9. Expenditure of money from capital outlay fund. Money can be expended from the capital outlay fund only for the purposes defined in § 13-16-6 and for the redemption of outstanding warrants against this fund.

Source: SL 1955, ch 41, ch 10, § 3; SDC Supp 1960, § 15.2203.