Section 46A-7A-132 - Refunding of excess assessments. - South Dakota Statutes

46A-7A-132. Refunding of excess assessments. The board, pursuant to a resolution entered in its minutes, may distribute among landowners of the district any funds belonging to the district collected by an assessment on which no bonds are outstanding or collected as interest or penalties on the assessment or by rental, sale, or redemption of delinquent land under the assessment, which appear to the board to be greater than required to meet obligations incurred for the purposes for which the assessment was levied. Such distribution to the landowners shall be made in the proportion that it was assessed.

Source: SL 1985, ch 360, § 132.