South Dakota Statutes
§ 11-9-31 — Tax increments deposited in special fund--Appropriations to fund--Investment of moneys in fund.
South Dakota·Title 11 PLANNING, ZONING AND HOUSING PROGRAMS·Ch. 11-8 TAX INCREMENT FINANCING DISTRICTS
The county treasurer or municipal finance officer, as applicable, shall deposit all tax increments received in a district into a special fund for the district. The county treasurer or municipal finance officer, as applicable, may deposit additional moneys into the fund pursuant to an appropriation by the governing body. Subject to any agreement with bondholders, moneys in the fund may be temporarily invested in the same manner as other funds of the political subdivision.
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South Dakota § 11-9-31 (Tax increments deposited in special fund--Appropriations to fund--Investment of moneys in fund.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Meierhenry v. City of Huron
354 N.W.2d 171 (South Dakota Supreme Court, 1984)
Legislative History
SL 1978, ch 91, § 18; SL 2018, ch 70, § 32; SL 2024, ch 45, § 13.
Nearby Sections
15
§ 11-1-15
Repealed§ 11-11-1
Legislative findings.