S.D. Codified Laws § 7-21-16.6

Current through the 2024 Legislative Session
Section 7-21-16.6 - Notes not paid in full within term

If a note authorized by §§ 7-21-16.2 to 7-21-16.5, inclusive, has been issued and not paid in full within the term provided in § 7-21-16.2, no cash receipts may be expended for any purpose except the retirement of principal and interest of notes outstanding against that fund, until all such notes are retired.

SDCL 7-21-16.6

SL 2012, ch 53, §5.