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2011 South Dakota Code
Title 46A WATER MANAGEMENT
Chapter 06. Irrigation District Contracts And Financing
§46A-6-45 Additional bonds of district--Priority.


SD Codified L § 46A-6-45 (through 2011) What's This?

46A-6-45. Additional bonds of district--Priority. If the bonds or the money raised by the sale thereof is insufficient for the purposes for which the bonds were issued, additional bonds may be issued. The lien for taxes for the payment of the interest and principal of the additional bonds may be on a parity with, or subsequent to, the lien of any prior bond issue.

Source: SDC 1939, § 61.0921; SDCL, § 46-14-44; SL 1976, ch 277, § 15; SL 1984, ch 43, § 123.

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