South Dakota Statutes

§ 13-19-3 — Borrowing limit reduced by outstanding warrants or notes.

South Dakota § 13-19-3
JurisdictionSouth Dakota
Title 13EDUCATION
Ch. 13-17SCHOOL DISTRICT BONDS AND NOTES

This text of South Dakota § 13-19-3 (Borrowing limit reduced by outstanding warrants or notes.) 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 § 13-19-3 (2026).

Text

In case any registered warrants or promissory notes are outstanding against the fund for which the money is to be borrowed, the borrowing limit as specified in § 13-19-2 shall be reduced by the amount of such warrants or promissory notes outstanding at the time the money is borrowed.

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Legislative History

SL 1955, ch 41, ch 10, § 16; SDC Supp 1960, § 15.2216 (2); SL 1965, ch 48.

Nearby Sections

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Bluebook (online)
South Dakota § 13-19-3, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/13-19-3.