South Dakota Statutes
§ 34-31A-31 — Maximum indebtedness of district--Borrowing power.
South Dakota § 34-31A-31
This text of South Dakota § 34-31A-31 (Maximum indebtedness of district--Borrowing power.) 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 § 34-31A-31 (2026).
Text
No district may incur debt greater than an amount equal to twenty times the annual maximum tax levy as authorized by § 34-31A-21 . A district may borrow money and issue appropriate evidence of indebtedness within the limits authorized by this section.
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Legislative History
SL 1971, ch 208, § 8; SL 1983, ch 28, § 27; SL 1990, ch 277.
Nearby Sections
15
§ 34-1-1
§ 34-1-1§ 34-1-1.1
Department reorganized and continued.§ 34-1-15
§ 34-1-15§ 34-1-19
Repealed§ 34-1-2
, 34-1-2.1Cite This Page — Counsel Stack
Bluebook (online)
South Dakota § 34-31A-31, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/34-31A-31.