There is a newer version of the South Dakota Codified Laws
2011 South Dakota Code
Title 9 MUNICIPAL GOVERNMENT
Chapter 40. Utility Facilities And Revenue Bonds
§9-40-4.2 Financial aid for sewerage and water facility systems--Federal contracts.
SD Codified L § 9-40-4.2 (through 2011) What's This?
9-40-4.2. Financial aid for sewerage and water facility systems--Federal contracts. Every municipality may accept grants or contributions and obtain loans from the United States of America, or any agency or instrumentality thereof presently or hereafter constituted, for the purpose of aiding in financing the cost of planning, construction, equipping, acquiring, extending, and improving facilities for the collection, treatment, or disposal of sewage and other domestic, commercial, and industrial wastes, or for supplying water for municipal, industrial, and domestic use, or for any combination of sewerage and water facilities, and may enter into contracts with the United States of America or any of its agencies or instrumentalities respecting any such grants, contributions, or loans.
Source: SL 1975, ch 92, § 2; SL 1992, ch 60, § 2.
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