Section 46A-1-41 - State general obligation not to be created. - South Dakota Statutes

46A-1-41. State general obligation not to be created. Nothing in this chapter shall be construed to authorize the district to contract a debt on behalf of, or in any way to obligate, the State of South Dakota, or to pledge, assign, or encumber in any way, or to permit the pledging, assigning, or encumbering in any way, of appropriations made by the Legislature of the State of South Dakota unless the Legislature specifically provides otherwise.

Source: SL 1972, ch 241, § 40; SDCL Supp, § 46-17A-39.