7-21-16.6. Notes not paid in full within term.If a note authorized by §§7-21-16.2 to 7-21-16.5, inclusive, has been issued and not paid in full within the term provided in §7-21-16.2, no cash receipts may be expended for any purpose except the retirement of principal and interest of notes outstanding against that fund, until all such notes are retired. Source: SL 2012, ch 53, §5.
South Dakota Legal Code