Statutory lien continued until bonds paid.

  1. Law
  2. South Dakota Codified Laws
  3. Municipal Government
  4. Utility Facilities And Revenue Bonds
  5. Statutory lien continued until bonds paid.

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9-40-26. Statutory lien continued until bonds paid.

Any such utility shall remain subject to the statutory lien described in §9-40-25, subject always, however, to the limitations specified in said section, until the payment in full of the principal and interest of such bonds.

Source: SL 1931, ch 194, §7; SDC 1939, §45.2407.


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