South Dakota Statutes

§ 46A-6-45 — Additional bonds of district--Priority.

South Dakota·Title 46A WATER MANAGEMENT·Ch. 46A-5 IRRIGATION DISTRICT CONTRACTS AND FINANCING
If the bonds or the money raised by the sale thereof is insufficient for the purposes for which the bonds were issued, additional bonds may be issued. The lien for taxes for the payment of the interest and principal of the additional bonds may be on a parity with, or subsequent to, the lien of any prior bond issue.

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South Dakota § 46A-6-45 (Additional bonds of district--Priority.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SDC 1939, § 61.0921; SDCL, § 46-14-44; SL 1976, ch 277, § 15; SL 1984, ch 43, § 123.

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