There is a newer version of the South Dakota Codified Laws
2012 South Dakota Codified Laws
Title 46A WATER MANAGEMENT
Chapter 07. Irrigation District Assessments And Levies
§46A-7-10 Acreage assessment to cover bond and contract payments--Special fund.
SD Codified L § 46A-7-10 (through 2012) What's This?
46A-7-10. Acreage assessment to cover bond and contract payments--Special fund. The board of directors shall then levy an assessment against the acreage of the district sufficient to raise the annual interest on the outstanding bonds, to pay the principal coming due on the outstanding bonds prior to the next levy, and to make all payments due or to become due the ensuing year to the United States under any contract between the district and the United States, which, when collected shall be called the "bond and United States contract fund of irrigation district."
Source: SDC 1939, § 61.0907; SL 1949, ch 435, § 3; SDCL, § 46-15-10; SL 1976, ch 277, § 17.
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