Section 46A-7A-118 - Transmittal of roll on majority vote--Roll as lien--Effect of approval. - South Dakota Statutes

46A-7A-118. Transmittal of roll on majority vote--Roll as lien--Effect of approval. If a majority of the votes cast are "yes," the board shall transmit certified copies of the roll to the auditor and treasurer in each affected county. The roll, upon recordation, shall constitute a lien upon the land in each county. Approval by the electorate constitutes approval of the project and gives full authority for the board to issue bonds, execute a loan agreement, or both, as specified on the election ballot.

Source: SL 1985, ch 360, § 118.