{"data":{"id":"us-sd/sdcl-9-21-12","jurisdiction":"us-sd","citation":"SDCL § 9-21-12","heading":"Authorization of depreciation reserve within proprietary fund.","body":"The governing body of a municipality may by resolution create a depreciation reserve within each proprietary fund, as necessary, not to exceed the accumulated depreciation of the fixed assets of the respective fund.","path":["TITLE 9. MUNICIPAL GOVERNMENT","CHAPTER 9-21. TAX LEVIES AND APPROPRIATIONS"],"source_url":"https://sdlegislature.gov/Statutes/9-21-12","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:56Z","sha256":"97e29f4a7b66abbe02f8b57ed54d94bccdf98db893bb694a2daf45706ac3f221","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-9-21-11","next":"us-sd/sdcl-9-21-13"},"notice":"GroundRules: Original legal text. Not legal advice."}