Restriction on transfer of special assessment moneys to other municipal fund

SDCL § 9-43-124 — under SPECIAL ASSESSMENTS AND FINANCING OF IMPROVEMENTS.

SDCL § 9-43-124

No special assessment moneys may be transferred to any other fund of the municipality until all general obligation bonds issued to create or maintain the special assessments have been fully paid with interest. Source: SL 2012, ch 57 , § 52.