Trust imposed by adoption of budget.

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7-21-14. Trust imposed by adoption of budget.

The adoption of such annual budget shall impose a trust upon the separate amounts therein set forth and contained and appropriated for the specific uses, purposes, objects, and items therein named.

Source: SL 1927, ch 79, §9; SDC 1939, §12.2007; SL 1951, ch 29, §3.


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