34-11A-24. Limitation on indebtedness--Power to borrow money.
No district may become indebted for an amount that is not payable from ten annual maximum tax levies as authorized by §34-11A-19. With the limits herein authorized, the district shall have power to borrow money at a rate not in excess of twelve percent and to issue appropriate evidence of indebtedness thereof.
Source: SL 1982, ch 259, §26.
Structure South Dakota Codified Laws
Title 34 - Public Health and Safety
Chapter 11A - Ambulance Districts
Section 34-11A-2 - Requirement for inclusion of municipality in district.
Section 34-11A-3 - Contents of petition or resolution.
Section 34-11A-4 - Certification of petition--Designation of time and place for hearing.
Section 34-11A-5 - Two or more counties in proposed district--Procedure.
Section 34-11A-6 - Notice of hearing.
Section 34-11A-7 - Conduct of hearing--Order and filing of determination.
Section 34-11A-8 - Conduct of election.
Section 34-11A-12 - Board of directors--Election--Certain persons ineligible.
Section 34-11A-13 - Board of directors--Meeting to elect officers.
Section 34-11A-14 - Terms of directors and officers--Compensation of ambulance district director.
Section 34-11A-15 - District constitutes body politic and corporate.
Section 34-11A-16 - General powers of directors.
Section 34-11A-17 - Contracts with other districts or agencies authorized.
Section 34-11A-18 - Annual estimate and certification of expenses--Source of payment.
Section 34-11A-19 - Estimate certified--Date.
Section 34-11A-21 - Tax levy and special assessment--Collection.
Section 34-11A-22 - Tax levy and special assessment--Deposit--Bond of secretary-treasurer.
Section 34-11A-23 - Tax exempt organizations--Assessment of property--Annual statement of payments.
Section 34-11A-24 - Limitation on indebtedness--Power to borrow money.
Section 34-11A-25 - Deposit of funds--Warrant for disbursement.
Section 34-11A-26 - Claim vouchers.
Section 34-11A-27 - Examination of financial reports of secretary-treasurer.
Section 34-11A-28 - Change of district boundaries.
Section 34-11A-29 - Annual and special meetings of voters--Annual election--Notice of election.
Section 34-11A-30 - Report of secretary-treasurer.
Section 34-11A-31 - Capital outlay fund established--Uses.
Section 34-11A-32 - Tax levy for capital outlay fund.
Section 34-11A-33 - Public hearing required for certain expenditures of capital outlay fund.
Section 34-11A-34 - Deferred compensation program for volunteer advanced life support personnel.