There is a newer version of the South Dakota Codified Laws
2011 South Dakota Code
Title 46A WATER MANAGEMENT
Chapter 06. Irrigation District Contracts And Financing
§46A-6-32 Confirmation of issue and sale of bonds by board of directors--Judicial examination in special proceeding--Approval or disapproval by circuit court.
SD Codified L § 46A-6-32 (through 2011) What's This?
46A-6-32. Confirmation of issue and sale of bonds by board of directors--Judicial examination in special proceeding--Approval or disapproval by circuit court. The board of directors of any irrigation district organized under the provisions of chapter 46A-4 shall, before selling any bonds of such irrigation district, and in its discretion before making any contract, levying any assessment, or taking any special action, commence a special proceeding, in and by which the proceedings of such board and of such district providing for and authorizing the issue and sale of the bonds of such district, the making of any contract, levying of any assessment, or taking any special action, shall be judicially examined, approved, and confirmed, or disapproved and disaffirmed.
Source: SDC 1939, § 61.0841; SDCL, § 46-14-31.
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