S.D. Codified Laws § 46A-9-59

Current with legislation signed by the governor on or before 3/6/2024
Section 46A-9-59 - Revenues of district-Payment into special fund-Collection and disposition of special fund, terms, and conditions

Any such resolution or agreement may provide that all or any part of the revenues of the water user district shall be paid into a special fund and may set forth all the terms and conditions on which such special fund is to be collected, held, and disposed of, whether partly or wholly for the benefit of the holders of such district obligations. Provision may be made that such special fund shall be held by depositories designated or described in such resolution or agreement.

SDCL 46A-9-59

SL 1939, ch 291, § 10; SDC Supp 1960, § 61.1310; SDCL, § 46-16-57.