GroundRules
SDCL § 11-9-38: Bonds to be negotiable and payable only from tax increment.
Where this section sits in the code
- TITLE 11. PLANNING, ZONING AND HOUSING PROGRAMS
- CHAPTER 11-9. TAX INCREMENT FINANCING DISTRICTS
Each bond issued pursuant to this chapter and all interest coupons related to the bonds are negotiable instruments. Bonds issued are not general obligation bonds and are payable only from the tax increment of the project as provided in this chapter.
Collected 2026-09-03T15:18:56Z. Source file · JSON