S.D. Codified Laws § 46A-6-45

Current through the 2024 Legislative Session

Section 46A-6-45 - Additional bonds of district-Priority

If the bonds or the money raised by the sale thereof is insufficient for the purposes for which the bonds were issued, additional bonds may be issued. The lien for taxes for the payment of the interest and principal of the additional bonds may be on a parity with, or subsequent to, the lien of any prior bond issue.

SDCL 46A-6-45

SDC 1939, § 61.0921; SDCL, § 46-14-44; SL 1976, ch 277, § 15; SL 1984, ch 43, § 123.