South Dakota Statutes

§ 9-21-31 — Capital replacement reserve fund authorized.

South Dakota § 9-21-31
JurisdictionSouth Dakota
Title 9MUNICIPAL GOVERNMENT
Ch. 9-18TAX LEVIES AND APPROPRIATIONS

This text of South Dakota § 9-21-31 (Capital replacement reserve fund authorized.) 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 § 9-21-31 (2026).

Text

The governing body of a municipality may by ordinance create a capital replacement reserve fund or account for general fixed assets, not to exceed fifty percent of the value of the general fixed assets.

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Legislative History

SL 1994, ch 69, § 1.

Nearby Sections

15
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Bluebook (online)
South Dakota § 9-21-31, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/9-21-31.