South Dakota Statutes
§ 11-9-32 — Permissible uses of special fund.
South Dakota·Title 11 PLANNING, ZONING AND HOUSING PROGRAMS·Ch. 11-8 TAX INCREMENT FINANCING DISTRICTS
Moneys may only be paid out of the special fund created under § 11-9-31 to pay project costs or grants of the district, to reimburse the political subdivision for the payment of project costs or grants of the district, or to satisfy claims of holders of tax increment bonds issued for the district.
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South Dakota § 11-9-32 (Permissible uses of special fund.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 1978, ch 91, § 18; SL 2011, ch 73, § 9; SL 2018, ch 70, § 33; SL 2024, ch 45, § 14.
Nearby Sections
15
§ 11-1-15
Repealed§ 11-11-1
Legislative findings.