South Dakota Statutes

§ 6-8B-36 — Maximum aggregate indebtedness of issuer.

South Dakota·Title 6 LOCAL GOVERNMENT GENERALLY·Ch. 6-8A BONDS OF LOCAL PUBLIC BODIES

No refunding bond may cause a public bodies' aggregate amount of indebtedness to exceed the maximum allowable constitutional or statutory provisions, if any, applicable to the public body.

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South Dakota § 6-8B-36 (Maximum aggregate indebtedness of issuer.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1974, ch 54, § 7; SDCL Supp, § 6-8A-9; SL 1984, ch 43, § 31.

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