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2012 South Dakota Codified Laws
Title 9 MUNICIPAL GOVERNMENT
Chapter 54. Economic Development Projects
§9-54-9 Municipal obligations restricted by contractual payments from facilities.


SD Codified L § 9-54-9 (through 2012) What's This?


9-54-9. Municipal obligations restricted by contractual payments from facilities. Nothing in this chapter shall be so construed as to authorize or permit any municipality to make any contract or to incur any obligation of any kind or nature except such as shall be payable solely out of the contractual payments from such facilities.

Source: SL 1964, ch 148, § 4.

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