Money received from the sale of capital outlay bonds and capital outlay certificates shall be placed in the capital outlay fund. Source: SL 1955, ch 41 , ch 10, § 3; SDC Supp 1960, § 15.2203; SL 1978, ch 109 , § 6.
Bond and certificate proceeds placed in capital outlay fund
SDCL § 13-16-8 — under SCHOOL DISTRICT FUNDS AND ACCOUNTS.
SDCL § 13-16-8