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- 2023 Edition
- Title 13. Education
- Chapter 16. School District Funds and Accounts
SDCL 13-16-12 Refunding Bond Proceeds Placed In Bond Redemption Fund-Reduction of Annual Tax Levy
| Library | South Dakota Statutes |
| Edition | 2023 |
| Currency | Current through the 2023 Legislative Session |
| Year | 2023 |
| Citation | SDCL 13-16-12 |
Money received from the sale of refunding bonds shall be placed in the bond redemption fund to be held, or invested, and applied to the payment of the bonds to be refunded. The school board shall cause to be certified to the county auditor the amount of money so received and placed in the bond redemption fund each school fiscal year and the county auditor shall reduce by such amou...
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