SDCL § 46A-7-15: Modification of contract with United States to eliminate charges or change time of payment--Cancellation of levy or assessment.

If the board of directors has made a levy or assessment under any contract between the United States and the district, and the United States thereafter modifies or supplements the contract or agreement to eliminate certain charges under the contract or agreement or to make the charges due at a later date than originally provided in the contract or agreement, the board may direct the cancellation of the levy or assessment previously made to raise funds to pay the United States that are under the modification or supplemental contract or agreement made due and payable at a later date.

Source: SDC 1939, § 61.0917; SDCL § 46-15-15; SL 2011, ch 165, § 423.