§ 6-8b-35

6-8B-35. Maximum amount of refunding bonds.The principal amount of the refunding bonds may not exceed the amount necessary to retire the refunded bonds with interest, pursuant to §6-8B-46, or, as to crossover refunding bonds, pursuant to §§6-8B-53 and 6-8B-54, plus any costs or expenses associated with the refunding and the issuance of the refunding bonds. Source: SL 1974, ch 54, §5; SDCL Supp, §6-8A-8; SL 1984, ch 43, §30; SL 1987, ch 66, §3.