Any taxing district which is not otherwise required by law to have an annual audit of its financial records conducted by the Department of Legislative Audit or by an auditor approved by the Department of Legislative Audit, shall file an annual report of the district's financial affairs with the Department of Legislative Audit within ninety days of the close of the district's fiscal year. However, this section does not apply to townships.
S.D. Codified Laws § 4-2-13
Taxing districts not annually audited required to file annual report--Townships excepted
Applied in 1 court decision — leading case Stehly v. Davison County (2011)
Most recently applied in Stehly v. Davison County (August 2011)
Source: SL 1991, ch 38, § 1.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.