South Dakota Statutes
§ 13-19-8 — Constitutional debt limit to be observed.
No school district shall issue bonds in an amount which with the outstanding indebtedness of the district shall exceed the constitutional debt limitation for school districts.
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South Dakota § 13-19-8 (Constitutional debt limit to be observed.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Blumer v. School Board of Beresford Independent School District No. 68 of Union County
250 N.W.2d 282 (South Dakota Supreme Court, 1977)
Legislative History
SDC 1939, § 15.2207; SL 1955, ch 41, ch 10, § 18; SDC Supp 1960, § 15.2218; SL 1968, ch 43, § 1.