Supplemental or amendatory contracts with United States--Amount of principal indebtedness not increased.

Checkout our iOS App for a better way to browser and research.

46A-6-8. Supplemental or amendatory contracts with United States--Amount of principal indebtedness not increased.

The board of directors of any irrigation district established and organized under the laws of South Dakota, if deemed advisable and in the best interests of the district, may enter into any contract with the United States supplementing or amending any original contract with the United States, if the original contract was entered into pursuant to the provisions of chapters 46A-4 to 46A-7, inclusive, and if the supplementary or amendatory contract does not increase the amount of principal indebtedness of the district to the United States as it exists at the date of the supplementary or amendatory contract.

Source: SL 1939, ch 293, §1; SDC Supp 1960, §61.0847-1; SDCL §46-14-8; SL 2011, ch 165, §397.


Download our app to see the most-to-date content.