South Dakota Statutes
§ 13-16-10 — Annual levy to pay school district bonds--Irrepealable--Exclusive of maximum levy.
At or before the issuing of any bonds the school board shall provide for the collection of an annual tax sufficient to pay the interest and principal thereof when due, for the entire term of years for which said bonds are to run, by proper resolution, copy of which shall be filed with the county auditor. All such levies when legally made shall be irrepealable until such debt shall be paid or sufficient moneys have been accumulated to pay such debt, and shall be exclusive of the maximum levy provided for other school district funds.
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South Dakota § 13-16-10 (Annual levy to pay school district bonds--Irrepealable--Exclusive of maximum levy.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Hall v. Salem Ind. Sch. Dist. No. 17, McCook County
217 N.W.2d 160 (South Dakota Supreme Court, 1974)
Schull Const. Co. v. Webster Ind. School Dist. No. 101
198 N.W.2d 512 (South Dakota Supreme Court, 1972)
Legislative History
SDC 1939, § 15.2208; SL 1955, ch 41, ch 10, § 4; SDC Supp 1960, § 15.2204; SL 1963, ch 75, § 1; SL 1965, ch 47.