Section 46A-11-15 - Discharge of assessments for drainage--Land not discharged until bond issue paid. - South Dakota Statutes

46A-11-15. Discharge of assessments for drainage--Land not discharged until bond issue paid. Assessments may be paid in full at any time and full discharge given by the county treasurer to any landowner. However, if bonds have been issued, a payment of assessment may not operate as a discharge of the land from its liability in favor of the bonds until the entire principal and interest have been fully paid.

Source: SDC 1939, § 61.1015; SDCL, § 46-21-15; SL 1985, ch 362, § 112.