South Dakota § 8-1-26 Payment of indebtedness after abolition of township organization--Disposition of property--Tax levy for outstanding indebtedness.

South Dakota Statutes

§ 8-1-26 — Payment of indebtedness after abolition of township organization--Disposition of property--Tax levy for outstanding indebtedness.

South Dakota § 8-1-26

Title 8TOWNSHIPS

Ch. 8-1ESTABLISHMENT, DIVISION, ORGANIZATION

This text of South Dakota § 8-1-26 (Payment of indebtedness after abolition of township organization--Disposition of property--Tax levy for outstanding indebtedness.) 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 § 8-1-26 (2026).

Text

At its next session the board of county commissioners shall audit the accounts of such township and shall order the payment of its outstanding debts out of any money in the hands of the county treasurer to the credit of such township, and shall dispose of the personal property of such township and place the proceeds of such sale in the custody of the county treasurer to the credit of such township. If there be not sufficient money for the payment of all outstanding indebtedness, the board of county commissioners shall levy a tax sufficient for such purpose upon the property situated in such territory, which shall be extended by the county auditor upon the tax lists for the year following such election and shall be collected by the county treasurer, and shall be devoted to the extinguishing

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At its next session the board of county commissioners shall audit the accounts of such township and shall order the payment of its outstanding debts out of any money in the hands of the county treasurer to the credit of such township, and shall dispose of the personal property of such township and place the proceeds of such sale in the custody of the county treasurer to the credit of such township. If there be not sufficient money for the payment of all outstanding indebtedness, the board of county commissioners shall levy a tax sufficient for such purpose upon the property situated in such territory, which shall be extended by the county auditor upon the tax lists for the year following such election and shall be collected by the county treasurer, and shall be devoted to the extinguishing of the debts of such township in the order of their priority as shown by the records of such township.