Nothing contained in §§ 7-19-3 to 7-19-6, inclusive, shall in any way relieve any county from paying the full amount of principal and interest due to the State of South Dakota on any school fund loan mortgage compromised.
S.D. Codified Laws § 7-19-7
School mortgage obligation to state unimpaired
Source: SL 1935, ch 81, § 4; SDC 1939, § 12.1916.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.