{"data":{"id":"us-sd/sdcl-46a-18-53","jurisdiction":"us-sd","citation":"SDCL § 46A-18-53","heading":"Warrants issued in anticipation of tax or special assessment collections.","body":"Following a favorable vote as provided in § 46A-18-45 and in anticipation of tax or special assessment collections, the directors may issue no-fund warrants to pay district obligations. However, the outstanding amounts of such no-fund warrants may not exceed the product of one dollar per thousand dollars of taxable valuation times the assessed valuation of the taxable real property within the district.\nSource: SL 1984, ch 293, § 52; SL 1990, ch 366, § 14.","path":["TITLE 46A. WATER MANAGEMENT","CHAPTER 46A-18. WATER PROJECT DISTRICTS"],"source_url":"https://sdlegislature.gov/Statutes/46A-18-53","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"8d600b3d8af425155a8dded94a17bc9d910108748aadb07fdba087348a7fd96c","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-46a-18-52","next":"us-sd/sdcl-46a-18-54"},"notice":"GroundRules: Original legal text. Not legal advice."}