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2015 South Dakota Codified Laws
Title 9 - MUNICIPAL GOVERNMENT
Chapter 21 - Tax Levies And Appropriations
§ 9-21-23 Proration of expenditures under appropriation for more than one year.

SD Codified L § 9-21-23 (2015) What's This?

9-21-23. Proration of expenditures under appropriation for more than one year.

In all cases where appropriations of money are authorized and made for periods longer than one year, the expenditure thereof in any one year shall never exceed the proportion which one year of time bears to the whole time, unless otherwise expressly provided.

Source: SL 1890, ch 108, § 1; RPolC 1903, § 310; RC 1919, § 6959; SDC 1939, § 45.1417.

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