Statutes, codes, and regulations
South Dakota Codified Laws
Title 6 - LOCAL GOVERNMENT GENERALLY
Chapter 8B - BONDS OF LOCAL PUBLIC BODIES
Section 6-8B-39 - Bonds payable from different sources-Refunding by single issue prohibited

S.D. Codified Laws § 6-8B-39

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Current through the 2024 Legislative Session
Section 6-8B-39 - Bonds payable from different sources-Refunding by single issue prohibited

No two or more issues or parts of issues of outstanding bonds may be refunded by a single issue of refunding bonds unless all of the outstanding bonds are payable from the same fund or source.

SDCL 6-8B-39

SL 1984, ch 43, § 34A.