Section 46A-7-15 - Cancellation of levy or assessment--Modification of contract between United States anddistrict, elimination of charges, change in time of payment of charge. - South Dakota Statutes

46A-7-15. Cancellation of levy or assessment--Modification of contract between United States and district, elimination of charges, change in time of payment of charge. In any cases where the board of directors has made a levy or assessment under any contract between the United States and the district, and the United States shall thereafter modify or supplement such contract or agreement so as to eliminate certain charges under said contract or agreement or so as to make such charges due at a later date or dates than originally provided in said contract or agreement, said board is empowered to direct the cancellation of said levy or assessment theretofore made to raise funds to pay the United States that are under such modification or supplemental contract or agreement made due and payable at a later date or dates.

Source: SDC 1939, § 61.0917; SDCL, § 46-15-15.