S.D. Codified Laws § 11-9-33

Bonds authorized for payment of project costs

Source: SL 1978, ch 91, § 21; SL 2011, ch 73, § 10; SL 2018, ch 70, § 34.

For the purpose of paying project costs, the governing body may issue tax increment bonds payable out of positive tax increments.

Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.