There is a newer version of the South Dakota Codified Laws
2011 South Dakota Code
Title 9 MUNICIPAL GOVERNMENT
Chapter 43. Special Assessments And Financing Of Improvements
§9-43-62 Improvement bonds in lieu of assessment certificates--Issuance--Sale--Maturity--Single issue for several improvements.
SD Codified L § 9-43-62 (through 2011) What's This?
9-43-62. Improvement bonds in lieu of assessment certificates--Issuance--Sale--Maturity--Single issue for several improvements. The governing body, in lieu of issuing assessment certificates, may provide by ordinance or resolution for the issuance of negotiable bonds without a vote of the voters in an amount not exceeding the entire cost of the improvement. The bonds shall be issued and sold as provided in chapter 6-8B, except that all bonds shall mature not later than one year after the maturity of the last assessment installment. A single issue may be sold to finance several improvements.
Source: SL 1905, ch 155; RC 1919, § 6409; SL 1921, ch 319; SDC 1939, § 45.2114; SL 1949, ch 189, § 6; SL 1953, ch 264; SL 1982, ch 75, § 12; SL 1984, ch 43, § 84.
Disclaimer: These codes may not be the most recent version. South Dakota may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
