South Dakota Statutes
§ 9-26-25 — Tax levy for retirement of general obligation bonds.
South Dakota § 9-26-25
This text of South Dakota § 9-26-25 (Tax levy for retirement of general obligation bonds.) 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 § 9-26-25 (2026).
Text
Whenever any general obligation bonds are issued by a municipality, it shall be the duty of the governing body by ordinance to levy an annual tax upon the taxable property within the municipality of such an amount as will pay the annual interest thereon and the principal of said bonds at the time they become due.
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Legislative History
SD Const, art 13, § 5; RC 1919, § 6998; SL 1919, ch 270; SL 1931, ch 188; SDC 1939, § 45.2303; SL 1949, ch 190, § 3.
Nearby Sections
15
§ 9-1-1
Definition of terms.§ 9-1-9
Repealed.Cite This Page — Counsel Stack
Bluebook (online)
South Dakota § 9-26-25, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/9-26-25.