South Dakota § 13-16-10 Annual levy to pay school district bonds--Irrepealable--Exclusive of maximum levy.

South Dakota Statutes

§ 13-16-10 — Annual levy to pay school district bonds--Irrepealable--Exclusive of maximum levy.

South Dakota § 13-16-10

Title 13EDUCATION

Ch. 13-15ASCHOOL DISTRICT FUNDS AND ACCOUNTS

This text of South Dakota § 13-16-10 (Annual levy to pay school district bonds--Irrepealable--Exclusive of maximum levy.) 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 § 13-16-10 (2026).

Text

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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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.