South Dakota Statutes

§ 46A-7-10 — Acreage assessment to cover bond and contract payments--Special fund.

South Dakota·Title 46A WATER MANAGEMENT·Ch. 46A-7 IRRIGATION DISTRICT ASSESSMENTS AND LEVIES
The board of directors shall then levy an assessment against the acreage of the district sufficient to raise the annual interest on the outstanding bonds, to pay the principal coming due on the outstanding bonds prior to the next levy, and to make all payments due or to become due the ensuing year to the United States under any contract between the district and the United States, which, when collected shall be called the "bond and United States contract fund of irrigation district."

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South Dakota § 46A-7-10 (Acreage assessment to cover bond and contract payments--Special fund.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SDC 1939, § 61.0907; SL 1949, ch 435, § 3; SDCL, § 46-15-10; SL 1976, ch 277, § 17.

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