S.D. Codified Laws § 8-1-14
This is the official text of S.D. Codified Laws § 8-1-14, part of South Dakota’s Codified Laws — part of the compiled statutory law of South Dakota, published by the state as "Codified Laws." Browse the sections below, each linked to its official government source.
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Adjustment of assets and indebtedness after division, reorganization or merger of townships
Official statutory text
If any civil township is subdivided, reorganized, or merged according to the provisions of this chapter, which has been bonded for school or other purposes, or against which there is any other outstanding indebtedness, and if money raised by taxation in the township has been expended for the erection of school buildings or other public improvements, which on such subdivision, reorganization, or merger inures to the benefit of one of the new townships to a greater extent than is equitable, the matter shall be adjusted as provided in §§ 8-1-15 to 8-1-19 , inclusive.
Source: SDC 1939, § 58.0112; SL 1996, ch 58, § 8.
Source: SDC 1939, § 58.0112; SL 1996, ch 58, § 8.
Status: in_force · Read it on the official government site
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