South Dakota Statutes

§ 46A-7-40 — Expenditure from special revenue fund--Transfer of balance in inactive fund to debt service fund.

South Dakota § 46A-7-40
JurisdictionSouth Dakota
Title 46AWATER MANAGEMENT
Ch. 46A-7IRRIGATION DISTRICT ASSESSMENTS AND LEVIES

This text of South Dakota § 46A-7-40 (Expenditure from special revenue fund--Transfer of balance in inactive fund to debt service fund.) 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-7-40 (2026).

Text

No expenditures may be made from the special revenue fund except for the purposes as specified in §§ 46A-7-38 and 46A-7-39 . If, by resolution of the board of directors, the fund is deemed inactive, the balance remaining in the fund shall be transferred to a debt service fund to be applied upon any indebtedness that may have been incurred by the district by reason of the creation of the special revenue fund, if any exists; otherwise, the balance shall be transferred to the general fund of the district.

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Legislative History

SDC 1939, § 61.0912; SDCL § 46-15-40; SL 2011, ch 165, § 436.

Nearby Sections

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Bluebook (online)
South Dakota § 46A-7-40, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/46A-7-40.