South Dakota Statutes
§ 9-40-29 — Municipality to pay for services rendered by utility.
The reasonable cost and value of any service rendered to such municipality by such utility subject to revenue bonds issued pursuant to this chapter shall be charged against the municipality and shall be paid for monthly as the service accrues from the current funds applicable to the payment thereof, or from proceeds of taxes which such municipality is hereby authorized and required to levy in an amount sufficient for that purpose. Such funds paid for service shall be accounted for in the same manner as other revenues of such utility.
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South Dakota § 9-40-29 (Municipality to pay for services rendered by utility.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 1931, ch 194, § 12; SDC 1939, § 45.2412.
Nearby Sections
15
§ 9-1-1
Definition of terms.§ 9-1-9
Repealed.