{"data":{"id":"us-sd/sdcl-46a-7-40","jurisdiction":"us-sd","citation":"SDCL § 46A-7-40","heading":"Expenditure from special revenue fund--Transfer of balance in inactive fund to debt service fund.","body":"No expenditures may be made from the special revenue fund except for the purposes as specified in §§ 46A-7-38 and 46A-7-39. If, by resolution of the board of directors, the fund is deemed inactive, the balance remaining in the fund shall be transferred to a debt service fund to be applied upon any indebtedness that may have been incurred by the district by reason of the creation of the special revenue fund, if any exists; otherwise, the balance shall be transferred to the general fund of the district.\nSource: SDC 1939, § 61.0912; SDCL § 46-15-40; SL 2011, ch 165, § 436.","path":["TITLE 46A. WATER MANAGEMENT","CHAPTER 46A-7. IRRIGATION DISTRICT ASSESSMENTS AND LEVIES"],"source_url":"https://sdlegislature.gov/Statutes/46A-7-40","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"35aa61b5a5a1afd9604e603bf4e154f4caf3c9dbd30479ffd108385012fc4b04","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-46a-7-39","next":"us-sd/sdcl-46a-7-41"},"notice":"GroundRules: Original legal text. Not legal advice."}