South Dakota Statutes

§ 9-22-14 — Tax levy to retire bonds held by debt service fund.

South Dakota § 9-22-14
JurisdictionSouth Dakota
Title 9MUNICIPAL GOVERNMENT
Ch. 9-22CUSTODY AND ACCOUNTING FOR MUNICIPAL FUNDS

This text of South Dakota § 9-22-14 (Tax levy to retire bonds held by debt service 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 § 9-22-14 (2026).

Text

If a municipal debt service fund is invested in other bonds of such municipality, there shall be a levy of a tax upon the taxable property of such municipality of sufficient amount to pay the interest and also the principal thereof when due, and such tax when collected shall be returned to the respective fund for that purpose.

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Legislative History

SL 1915, ch 277; RC 1919, § 6999; SL 1923, ch 264; SL 1927, ch 189; SL 1933, ch 164; SDC 1939, § 45.2310; SL 1941, ch 200; SL 1949, ch 190, § 5.

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Bluebook (online)
South Dakota § 9-22-14, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/9-22-14.