Bonds issued under § 11-8-66 shall not constitute an indebtedness within the meaning of any constitutional or statutory debt limitation or restriction.
S.D. Codified Laws § 11-8-71
Bonds not subject to debt limitation
Source: SL 1966, ch 149, § 11; SL 1984, ch 43, § 102A.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.