South Dakota Statutes
§ 9-26-21 — Amount of judgment bonds--Issuance--Sale--Maximum levy in small municipalities.
The principal of the judgment bonds may not exceed the amount due upon the judgment at the date which the bonds bear. All bonds shall be issued and sold as provided in chapter 6-8B . However, in municipalities with less than five hundred population the tax levy for the bonds may not exceed ten dollars per thousand dollars of taxable valuation a year.
Free access — add to your briefcase to read the full text and ask questions with AI
South Dakota § 9-26-21 (Amount of judgment bonds--Issuance--Sale--Maximum levy in small municipalities.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 1905, ch 65, § 3; RC 1919, § 6425; SL 1929, ch 78; SDC 1939, § 45.2319; SL 1975, ch 47, § 8; SL 1982, ch 75, § 5; SL 1983, ch 63; SL 1984, ch 43, § 70.
Nearby Sections
15
§ 9-1-1
Definition of terms.§ 9-1-9
Repealed.