South Dakota Statutes

§ 7-21-16.3 — Borrowing limit.

South Dakota § 7-21-16.3
JurisdictionSouth Dakota
Title 7COUNTIES
Ch. 7-21COUNTY BUDGET AND APPROPRIATIONS

This text of South Dakota § 7-21-16.3 (Borrowing limit.) 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 § 7-21-16.3 (2026).

Text

The money borrowed pursuant to § 7-21-16.2 may not exceed the sum of ninety-five percent of the amount of uncollected taxes levied by the county for the current fiscal year plus other receivables of the fund, including state or federal grant moneys, that have been earned by the county or committed by the state or federal governments but not collected at the date of borrowing.

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Legislative History

SL 2012, ch 53, § 2.

Nearby Sections

15
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Bluebook (online)
South Dakota § 7-21-16.3, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/7-21-16.3.