South Dakota § 13-5-32 Cooperative educational service units--Powers--Authorization to issue notes.

South Dakota Statutes

§ 13-5-32 — Cooperative educational service units--Powers--Authorization to issue notes.

South Dakota § 13-5-32

Title 13EDUCATION

Ch. 13-5TYPES AND ORGANIZATION OF SCHOOL DISTRICTS

This text of South Dakota § 13-5-32 (Cooperative educational service units--Powers--Authorization to issue 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 § 13-5-32 (2026).

Text

A cooperative educational service unit may carry out the services stated in the cooperative agreement but may not levy taxes or issue bonds. However, a cooperative educational service unit may issue notes to be sold to the health and educational facilities authority or otherwise borrow money in connection with a program sponsored by the health and educational facilities authority pursuant to § 1-16A-75 .

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A cooperative educational service unit may carry out the services stated in the cooperative agreement but may not levy taxes or issue bonds. However, a cooperative educational service unit may issue notes to be sold to the health and educational facilities authority or otherwise borrow money in connection with a program sponsored by the health and educational facilities authority pursuant to § 1-16A-75 .