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S.D. Codified Laws § 5-12-32

Debt limitations not applicable to interim notes--Personal liability not created by execution of notes

Source: SL 1967, ch 276, § 5.

The interim notes shall not constitute an indebtedness within the meaning of any constitutional or statutory debt limitation or restriction.

No member, officer, agent, or employee of the authority, nor any other person who executes interim notes, shall be liable personally by reason of the issuance thereof.

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