Conclusiveness of determination that limitations have been met.

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6-8B-43. Conclusiveness of determination that limitations have been met.

The determination by a governing body that all the limitations imposed upon the issuance of refunding bonds have been met is conclusive in the absence of fraud or arbitrary and gross abuse of discretion.

Source: SL 1974, ch 54, §14; SDCL Supp, §6-8A-17; SL 1984, ch 43, §39.


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