SDCL § 46A-6-41.1: Borrowing funds from conservancy district--Pledge of district credit.
Where this section sits in the code
- TITLE 46A. WATER MANAGEMENT
- CHAPTER 46A-6. IRRIGATION DISTRICT CONTRACTS AND FINANCING
The provisions of § 46A-6-41 notwithstanding, the board of directors of any irrigation district may borrow funds from the conservancy district as set forth in § 46A-1-64 if the funds are used for study, planning, design, or engineering purposes. The board may pledge the credit of the district to repay the funds.
Source: SL 1984, ch 294, § 37.
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