State Codes and Statutes

Statutes > South-dakota > Title-11 > Chapter-09 > Statute-11-9-32

11-9-32. Permissible uses of special fund. Moneys shall be paid out of the special fund created under § 11-9-31 only to pay project costs of the district, to reimburse the municipality for the payments or to satisfy claims of holders of tax incremental bonds or notes issued for the district.

Source: SL 1978, ch 91, § 18.

State Codes and Statutes

Statutes > South-dakota > Title-11 > Chapter-09 > Statute-11-9-32

11-9-32. Permissible uses of special fund. Moneys shall be paid out of the special fund created under § 11-9-31 only to pay project costs of the district, to reimburse the municipality for the payments or to satisfy claims of holders of tax incremental bonds or notes issued for the district.

Source: SL 1978, ch 91, § 18.