Section 6-3-5 - Resubmission of bond proposition after rejection by voters

6-3-5. Resubmission of bond proposition after rejection by voters.In the event that the proposition of issuing bonds of any of the participating subdivisions for the purposes of §§6-3-1 to 6-3-8, inclusive, fails to carry by the requisite vote, such proposition may be resubmitted by the governing body at any time, with the consent of the governing bodies of the other participating subdivisions. Source: SL 1949, ch 447, §4; SDC Supp 1960, §65.0717; SL 1999, ch 30, §2.