Section 9-43-31 - Due date of installments under Plan One--Interest rate.
9-43-31. Due date of installments under Plan One--Interest rate. The installments of each assessment under Plan One shall be due and payable, one on January first following the date of delivery of the assessment roll to the county auditor, and one on January first of each succeeding year until the entire assessment is paid, and the governing body shall fix the interest rate to be borne by unpaid installments.
Source: SDC 1939, § 45.2111 (1) as enacted by SL 1949, ch 189, § 4; SL 1951, ch 242, § 1; SL 1963, ch 283, § 8; SL 1971, ch 64, § 1; SL 1980, ch 47, § 2; SL 1982, ch 75, § 10.