SDCL § 6-8B-64: Ad valorem taxes--Limit.
Where this section sits in the code
- TITLE 6. LOCAL GOVERNMENT GENERALLY
- CHAPTER 6-8B. BONDS OF LOCAL PUBLIC BODIES
Any ad valorem taxes levied pursuant to subdivision 6-8B-60(1) may not exceed the amount of the anticipated deficiency by more than five percent, but may not be subject to any other statutory limitation of rate or amount applicable to other taxes levied or collected by the municipality or county which issues such credit enhancement obligation.
Collected 2026-09-03T15:18:56Z. Source file · JSON