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S.D. Codified Laws § 9-54-5

Amount of bond issue limited by costs

Source: SL 1964, ch 148, § 6; SL 1973, ch 59, § 5.

In no case shall any revenue bonds be issued for an amount in excess of the actual cost of the project, including the site therefor and all other items referred to in § 9-54-4.

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