South Dakota § 4-7-46 Maximum debt through South Dakota Building Authority and vocational education program of South Dakota Health and Educational Facilities Authority.

South Dakota Statutes

§ 4-7-46 — Maximum debt through South Dakota Building Authority and vocational education program of South Dakota Health and Educational Facilities Authority.

South Dakota·Title 4 PUBLIC FISCAL ADMINISTRATION·Ch. 4-6 PREPARATION AND ADOPTION OF STATE BUDGET

The total principal amount of debt outstanding through the South Dakota Building Authority and the vocational education program of the South Dakota Health and Educational Facilities Authority may not exceed one and two-tenths percent of South Dakota's gross domestic product for the most recently completed calendar year as calculated by the United States Bureau of Economic Analysis.

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South Dakota § 4-7-46 (Maximum debt through South Dakota Building Authority and vocational education program of South Dakota Health and Educational Facilities Authority.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.