§15-6-12. Title to armory property, etc., to vest in state.
Title to all property, armories and armory projects, upon
delivery and acceptance, shall vest in the state and shall be
held in the name of the state. The board may, upon such terms as
the board may deem to be in the best interest of the state,
transfer title to any armory to the United States, but may
provide for the retention by the state of civil and police
jurisdiction through such armory and a right to tax persons
All money received by the board from any armory sold,
damaged or destroyed, unless pledged as security for the payment
of bonds issued under the provisions of this article, shall be
paid to the treasurer of the state and credited to the account of
the board, and may be expended for the construction, acquisition
or improvement of armories under the provisions and limitations
of this article.