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Statutes > South Dakota Laws > Title 6 - LOCAL GOVERNMENT GENERALLY > Chapter 08B - Bonds of Local Public Bodies > Section 6-8B-41 - Combinations subject to more than one debt limit prohibited.

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SOUTH DAKOTA STATUTES AND CODES

Section 6-8B-41 - Combinations subject to more than one debt limit prohibited.

6-8B-41. Combinations subject to more than one debt limit prohibited. No two or more issues or parts of issues of outstanding bonds or refunding bonds authorized for any other purpose or purposes may be combined in one issue where more than one constitutional or statutory debt limitation is applicable to the combination.

Source: SL 1974, ch 54, § 6; SDCL Supp, § 6-8A-13; SL 1984, ch 43, § 35.

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