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South Dakota · Through 2026-08-31 · Newer source version available

SDCL § 11-7-91: Provision for project revenues to be placed in debt service funds.

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Where this section sits in the code
  1. TITLE 11. PLANNING, ZONING AND HOUSING PROGRAMS
  2. CHAPTER 11-7. COUNTY AND MUNICIPAL HOUSING AND REDEVELOPMENT

The commission may in its discretion provide that all revenues received from its redevelopment projects be placed in a debt service fund for the payment of interest and principal on all bonds issued for any redevelopment project, and the revenue from all such projects shall be paid into the debt service fund until all outstanding bonds have been fully paid. This same power shall exist with regard to housing projects.

Collected 2026-09-03T15:18:56Z. Source file · JSON

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