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§ 46a-10a-120 — South Dakota Law | CourtGPT
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  6. § 46a-10a-120
South Dakota Legal Code

§ 46a-10a-120

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46A-10A-120. Issuance of improvement certificates and drainage bonds.The board of trustees of any district may issue improvement certificates and drainage bonds under the same conditions as is provided by chapter 46A-11 for issuance by the board of county commissioners, except that in case of the issue of drainage bonds, the bonds shall be approved by a simple majority of the eligible landowners voting in a special election held by the board of trustees in conjunction with the district's annual election. The approval shall be printed upon the bonds before they are negotiated. Source: SL 1997, ch 256, §23.