South Dakota Statutes
§ 9-25-16 — Cash receipts applied to payment of notes until retired.
If a note authorized by § 9-25-12 has been issued and not paid in full within the term provided in § 9-25-12 , then thereafter no cash receipts may be expended for any purpose except the retirement of principal and interest of notes outstanding against that fund, until all such notes are retired.
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South Dakota § 9-25-16 (Cash receipts applied to payment of notes until retired.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 1978, ch 63, § 5; SL 1983, ch 62, § 2; SL 1991, ch 73, § 3.
Nearby Sections
15
§ 9-1-1
Definition of terms.§ 9-1-9
Repealed.