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SOUTH DAKOTA STATUTES AND CODES

Section 7-19-7 - School mortgage obligation to state unimpaired.

7-19-7. School mortgage obligation to state unimpaired. Nothing contained in §§ 7-19-3 to 7-19-6, inclusive, shall in any way relieve any county from paying the full amount of principal and interest due to the State of South Dakota on any school fund loan mortgage compromised.

Source: SL 1935, ch 81, § 4; SDC 1939, § 12.1916.

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