South Dakota Statutes

§ 11-9-46 — Termination of district.

South Dakota·Title 11 PLANNING, ZONING AND HOUSING PROGRAMS·Ch. 11-8 TAX INCREMENT FINANCING DISTRICTS

The existence of a district shall terminate when:

(1)Positive tax increments are no longer allocable to a district under § 11-9-25 ; or (2) The governing body, by resolution, dissolves the district, after payment or provision for payment of all project costs, grants, and all tax increment bonds of the district.

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South Dakota § 11-9-46 (Termination of district.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1978, ch 91, § 19; SL 1983, ch 37, § 13; SL 2011, ch 73, § 19; SL 2018, ch 70, § 45.

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