GroundRules
SDCL § 46A-3D-12: Capital reserve fund authorized--Allowed expenditures.
Where this section sits in the code
- TITLE 46A. WATER MANAGEMENT
- CHAPTER 46A-3D. WATER DEVELOPMENT DISTRICTS--POWERS AND DUTIES
A water development district board of directors may establish a capital reserve fund. Dollars in the fund may not revert at the end of a fiscal year. The board may expend dollars from the fund, as necessary, for the purposes of chapters 46A-3A to 46A-3E, inclusive.
Source: SL 1984 (SS), ch 1, § 44; SL 2025, ch 186, § 50.
Collected 2026-09-03T15:18:57Z. Source file · JSON