Home/South Dakota/Statutes/Title 11: PLANNING, ZONING AND HOUSING PROGRAMS/Ch. 11-8: TAX INCREMENT FINANCING DISTRICTS/§ 11-9-38
South Dakota Statutes

§ 11-9-38 — Bonds to be negotiable and payable only from tax increment.

South Dakota § 11-9-38
JurisdictionSouth Dakota
Title 11PLANNING, ZONING AND HOUSING PROGRAMS
Ch. 11-8TAX INCREMENT FINANCING DISTRICTS

This text of South Dakota § 11-9-38 (Bonds to be negotiable and payable only from tax increment.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
S.D. Codified Laws § 11-9-38 (2026).

Text

Each bond issued pursuant to this chapter and all interest coupons related to the bonds are negotiable instruments. Bonds issued are not general obligation bonds and are payable only from the tax increment of the project as provided in this chapter.

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Legislative History

SL 1978, ch 91, § 21; SL 2011, ch 73, § 15; SL 2018, ch 70, § 39.

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Bluebook (online)
South Dakota § 11-9-38, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/11-9-38.