South Dakota Code § 5-12-7

Purposes of authority
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The purposes of this authority are:
(1) To build and otherwise provide hospital, housing, correctional facilities, administrative, classroom, dining halls, fieldhouses, parking facilities, union buildings, library, recreational, laboratory, office, and similar facilities for use by the State of South Dakota;
(2) To serve the Legislature by making reports concerning the providing of such facilities; and
(3) To make, and undertake commitments to make, loans to farmers or ranchers who are participants in the United States Department of Agriculture Conservation Reserve Program.

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