There is a newer version of the South Dakota Codified Laws
2012 South Dakota Codified Laws
Title 46A WATER MANAGEMENT
Chapter 07A. Cendak Irrigation District
§46A-7A-101 Maximum amount and maturity of revenue bonds.
SD Codified L § 46A-7A-101 (through 2012) What's This?
46A-7A-101. Maximum amount and maturity of revenue bonds. Revenue bonds may not be issued in any amount that would make the total amount of such bonds outstanding exceed two-thirds of the prior year's district revenue or two million dollars, whichever is greater, nor may they have a maturity exceeding twelve years.
Source: SL 1985, ch 360, § 101.
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