{"data":{"id":"us-sd/sdcl-46a-14-63","jurisdiction":"us-sd","citation":"SDCL § 46A-14-63","heading":"No-fund warrants to pay district obligations--Limitation on amounts.","body":"Following a favorable vote by the voters as provided in § 46A-14-55 and in anticipation of tax or special assessment collections, the managers may issue no-fund warrants to pay district obligations. However, the outstanding amounts of the no-fund warrants may not exceed the product of two mills times the assessed valuation of the landowner's taxable land and buildings within the district.\nSource: SL 1957, ch 492, § 30; SL 1959, ch 452, § 24; SDC Supp 1960, § 61.1530 (2); SDCL § 46-24-62; SL 2011, ch 165, § 529.","path":["TITLE 46A. WATER MANAGEMENT","CHAPTER 46A-14. WATERSHED DISTRICTS"],"source_url":"https://sdlegislature.gov/Statutes/46A-14-63","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"9926d2de2bac851c007c15166053f93b32c8ead2b698d59dc7167cd0c0ab37b5","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-46a-14-62","next":"us-sd/sdcl-46a-14-64"},"notice":"GroundRules: Original legal text. Not legal advice."}