{"data":{"id":"us-sd/sdcl-13-19-1","jurisdiction":"us-sd","citation":"SDCL § 13-19-1","heading":"School board power to borrow on notes--Authorization, issuance and sale--Maximum term.","body":"Any school board may borrow money, from any source willing to lend the money, by issuing a promissory note subject to the limitations and regulations set forth in §§ 13-19-2 to 13-19-6, inclusive. All notes shall be authorized, issued, and sold in accordance with the provisions of chapter 6-8B, except that no election shall be held and the notes may not be issued for a term in excess of twenty-four consecutive months.","path":["TITLE 13. EDUCATION","CHAPTER 13-19. SCHOOL DISTRICT BONDS AND NOTES"],"source_url":"https://sdlegislature.gov/Statutes/13-19-1","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:56Z","sha256":"aea885eb2c8ec18405dde28ad5e726f242dfcb3cc6cbe676de675d6a3a4b501d","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-13-18-18","next":"us-sd/sdcl-13-19-1.1"},"notice":"GroundRules: Original legal text. Not legal advice."}