Section 9-43-72 - Special assessment moneys held until general obligation bonds retired.
9-43-72. Special assessment moneys held until general obligation bonds retired. No special assessment moneys may be transferred to any other fund of the municipality until all general obligation bonds issued to create or maintain the special assessments have been fully paid with interest.
Source: SDC 1939, § 45.2115 as enacted by SL 1949, ch 189, § 7; SL 1988, ch 81, § 6.