{"data":{"id":"us-sd/sdcl-13-19-7","jurisdiction":"us-sd","citation":"SDCL § 13-19-7","heading":"Bonding power of school districts--Purposes for which bonds authorized.","body":"All school districts are authorized and empowered to issue negotiable bonds for the following purposes only: to refund any bonded indebtedness which is or is about to become due and payable, or whenever such indebtedness can be refunded at a lower rate of interest; to fund any judgments or outstanding warrants, and to raise money for any purpose for which the school board is authorized to spend school district funds.","path":["TITLE 13. EDUCATION","CHAPTER 13-19. SCHOOL DISTRICT BONDS AND NOTES"],"source_url":"https://sdlegislature.gov/Statutes/13-19-7","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:56Z","sha256":"02d1b71d7cd8bd7f5bf9cd1b2b7300240ebf703efbe33db11b8fff56d0ee11da","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-13-19-6","next":"us-sd/sdcl-13-19-8"},"notice":"GroundRules: Original legal text. Not legal advice."}