Section 9-43-55 - Preparation of special assessment certificates--Form and contents. - South Dakota Statutes

9-43-55. Preparation of special assessment certificates--Form and contents. Whenever the contract price of any local improvement is payable in assessment certificates, the auditor or clerk shall make a special assessment certificate for each lot against which the assessment is levied, stating in such certificate the amount thereof, the description of the lot, the rate of interest which shall be payable annually at the maturity of each installment thereof on the whole sum then remaining unpaid, and the date upon which interest thereon shall begin to accrue. Such certificate shall bear the same consecutive number as the item of assessment for which the same is issued as shown on the special tax book, and shall be executed as a contract.

Source: RC 1919, § 6404; SL 1919, ch 269; SL 1921, ch 320; SDC 1939, § 45.2109.