South Dakota Statutes

§ 9-25-16 — Cash receipts applied to payment of notes until retired.

South Dakota § 9-25-16
JurisdictionSouth Dakota
Title 9MUNICIPAL GOVERNMENT
Ch. 9-25MUNICIPAL BONDS AND NOTES

This text of South Dakota § 9-25-16 (Cash receipts applied to payment of notes until retired.) 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 § 9-25-16 (2026).

Text

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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Legislative History

SL 1978, ch 63, § 5; SL 1983, ch 62, § 2; SL 1991, ch 73, § 3.

Nearby Sections

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Bluebook (online)
South Dakota § 9-25-16, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/9-25-16.