South Dakota Statutes

§ 46A-11-23 — Levy of costs over several years--Fixing annual levy--Bond issue--Terms of bonds.

South Dakota § 46A-11-23
JurisdictionSouth Dakota
Title 46AWATER MANAGEMENT
Ch. 46A-11DRAINAGE ASSESSMENTS AND BONDS

This text of South Dakota § 46A-11-23 (Levy of costs over several years--Fixing annual levy--Bond issue--Terms of bonds.) 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 § 46A-11-23 (2026).

Text

If the board determines that the estimated cost of a proposed project is greater than should be levied in a single year upon the lands benefited, it may fix the amount to be levied and collected each year and by resolution provide for issuance of bonds in an amount not to exceed the amount of unpaid assessment. The bonds shall bear interest payable annually or semiannually and shall mature in proportions and at times as assessments have been collected, not exceeding twenty years from issue.

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Legislative History

SDC 1939, § 61.1024; SDCL, § 46-21-23; SL 1983, ch 28, § 60; SL 1985, ch 362, § 120.

Nearby Sections

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Bluebook (online)
South Dakota § 46A-11-23, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/46A-11-23.