13-16-24. Unlawful contracts and warrants void.
Every contract made or check or registered warrant issued in excess of the issuing capacity of the district as restricted in this title is void and is not an obligation of the district.
Source: SL 1955, ch 41, ch 10, §14; SDC Supp 1960, §15.2214; SL 1975, ch 128, §106; SL 1982, ch 86, §134A; SL 1982, ch 139, §3; SL 2012, ch 94, §1.