Funds and property applied to benefit of school.

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13-62-12. Funds and property applied to benefit of school.

It shall be the duty of the Board of Regents to apply all funds, effects, and property which may be received, faithfully to the use and benefit of the school.

Source: SDC 1939, §55.4102 (4); SL 1953, ch 296, §2.


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