Statutes, codes, and regulations
South Dakota Codified Laws
Title 34 - PUBLIC HEALTH AND SAFETY
Chapter 10 - PUBLIC HOSPITAL DISTRICTS
Section 34-10-16 - Power to acquire hospital facilities-Authorization, issuance and sale of bonds-Amount limited

S.D. Codified Laws § 34-10-16

Download
PDF
Current through the 2024 Legislative Session
Section 34-10-16 - Power to acquire hospital facilities-Authorization, issuance and sale of bonds-Amount limited

The district may purchase, construct, equip, lease, or otherwise acquire public hospital facilities and issue bonds for the cost thereof. All bonds shall be authorized, issued, and sold by the board of trustees as provided in chapter 6-8B, except that no bonds may be issued in excess of five percent of the assessed valuation of all of the property within the district as established by the assessment rolls for the preceding year or in excess of any applicable constitutional debt limit.

SDCL 34-10-16

SL 1959, ch 135, § 14; SDC Supp 1960, § 27.19B14; SL 1984, ch 43, § 116.