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

SDCL § 11-9-36: Bonds payable only from special fund.

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Where this section sits in the code
  1. TITLE 11. PLANNING, ZONING AND HOUSING PROGRAMS
  2. CHAPTER 11-9. TAX INCREMENT FINANCING DISTRICTS

Tax increment bonds are payable only out of the special fund created under § 11-9-31. Each bond must state that the bond is only payable out of the special fund and that the bond does not constitute a general indebtedness of the political subdivision or a charge against the general taxing power of the political subdivision.

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

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