South Dakota Statutes
§ 9-21-12 — Authorization of depreciation reserve within proprietary fund.
South Dakota § 9-21-12
This text of South Dakota § 9-21-12 (Authorization of depreciation reserve within proprietary 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 § 9-21-12 (2026).
Text
The governing body of a municipality may by resolution create a depreciation reserve within each proprietary fund, as necessary, not to exceed the accumulated depreciation of the fixed assets of the respective fund.
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Legislative History
SL 1951, ch 247, § 1; SDC Supp 1960, § 45.0201-1 (9); SL 1978, ch 62, § 8; SL 1991, ch 72.
Nearby Sections
15
§ 9-1-1
Definition of terms.§ 9-1-9
Repealed.Cite This Page — Counsel Stack
Bluebook (online)
South Dakota § 9-21-12, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/9-21-12.