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59 chapters · 1,120 sections in this title.
SDCL § 9-26-21 Amount of judgment bonds--Issuance--Sale--Maximum levy in small municipalities
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The principal of the judgment bonds may not exceed the amount due upon the judgment at the date which the bonds bear. All bonds shall be issued and sold as provided in chapter 6-8B . However, in municipalities with less than five hundred population the tax levy for the bonds may …
SDCL § 9-26-22 Compromise of judgment by delivery of bonds to creditor
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Any municipality may compromise and settle with any such judgment creditor by the delivery of any amount of judgment bonds less than the amount due upon such judgment that such creditor may be willing to accept in settlement of such judgment. Source: SL 1905, ch 65 , § 4; RC 1919…
SDCL § 9-26-23 Agreement with judgment creditor for satisfaction of judgment on delivery of bonds--Filing of agreement
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No judgment bonds shall be issued and delivered to the judgment creditor until after the execution of an agreement between such municipality and such judgment creditor to the effect that upon the payment of the principal and interest upon said bonds according to the terms thereof…
SDCL § 9-26-24 Validity of bonds not impaired by misapplication of proceeds--Change of purpose by new election
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The validity of bonds which have been sold and the proceeds thereof received by the municipality shall not be impaired by the failure to use the proceeds for the authorized purpose or the insufficiency of the proceeds to accomplish such purpose in whole or in part, but the use of…
