South Dakota Statutes

§ 46A-3D-12 — Capital reserve fund authorized--Allowed expenditures.

South Dakota·Title 46A WATER MANAGEMENT·Ch. 46A-3 WATER DEVELOPMENT DISTRICTS--POWERS AND DUTIES
A water development district board of directors may establish a capital reserve fund. Dollars in the fund may not revert at the end of a fiscal year. The board may expend dollars from the fund, as necessary, for the purposes of chapters 46A-3A to 46A-3E , inclusive.

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South Dakota § 46A-3D-12 (Capital reserve fund authorized--Allowed expenditures.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1984 (SS), ch 1, § 44; SL 2025, ch 186, § 50.

Nearby Sections

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