South Dakota § 9-21-14.2 Vote required for capital outlay accumulation--Time of expenditure--Reversion of unused funds.

South Dakota Statutes

§ 9-21-14.2 — Vote required for capital outlay accumulation--Time of expenditure--Reversion of unused funds.

South Dakota § 9-21-14.2

Title 9MUNICIPAL GOVERNMENT

Ch. 9-18TAX LEVIES AND APPROPRIATIONS

This text of South Dakota § 9-21-14.2 (Vote required for capital outlay accumulation--Time of expenditure--Reversion of unused funds.) 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 § 9-21-14.2 (2026).

Text

The resolution authorized by § 9-21-14.1 shall be enacted by a two - thirds vote of the governing body and shall set forth clearly the purposes for which the funds are to be accumulated and the maximum amount that may be accumulated. The funds to be accumulated shall be expended within sixty months from the date of the resolution. If the specific purposes for which the funds are accumulated are deemed no longer necessary, these funds shall revert to the general fund.

Free access — add to your briefcase to read the full text and ask questions with AI

The resolution authorized by § 9-21-14.1 shall be enacted by a two - thirds vote of the governing body and shall set forth clearly the purposes for which the funds are to be accumulated and the maximum amount that may be accumulated. The funds to be accumulated shall be expended within sixty months from the date of the resolution. If the specific purposes for which the funds are accumulated are deemed no longer necessary, these funds shall revert to the general fund.