Section 8-10-8 - Township expenditures limited by annual tax levy

8-10-8. Township expenditures limited by annual tax levy.No township has power to contract debts or make expenditures for any one year in excess of the amount of taxes assessed for such year, without having been authorized by a majority of the voters of such township. Source: SL 1883, ch 112, subch 1, §115; CL 1887, §829; RPolC 1903, §1136; RC 1919, §6050; SDC 1939, §58.0304.