State Codes and Statutes
Statutes > South-dakota > Title-46a > Chapter-07a > Statute-46a-7a-10146A-7A-101. Maximum amount and maturity of revenue bonds. Revenue bonds may not be issued in any amount that would make the total amount of such bonds outstanding exceed two-thirds of the prior year's district revenue or two million dollars, whichever is greater, nor may they have a maturity exceeding twelve years.
Source: SL 1985, ch 360, § 101.
