Costs of acquisition of property and construction of works and improvements--Payment out of construction fund or in district bonds.

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46A-6-44. Costs of acquisition of property and construction of works and improvements--Payment out of construction fund or in district bonds.

The cost and expense of purchasing and acquiring property, and constructing the works and improvements provided for in chapter 46A-5 and this chapter, shall be wholly paid out of the construction fund or in the bonds of such district at their par value.

Source: SDC 1939, §61.0921; SDCL, §46-14-43; SL 1976, ch 277, §14.


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