There is a newer version of the South Dakota Codified Laws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-89 Temporary borrowing after approval and prior to sale of bonds--Repayment--Maximum amount.
SD Codified L § 46A-7A-89 (through 2012) What's This?
46A-7A-89. Temporary borrowing after approval and prior to sale of bonds--Repayment--Maximum amount. After approval of district bonds at a district election but prior to initial sale of any bonds as provided under the provisions of § 46A-7A-120, the district may make temporary borrowings to be repaid from the initial bond sale, but such borrowings may not exceed fifty percent of the total amount of bonds authorized.
Source: SL 1985, ch 360, § 89.
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