46A-11-14. Assessments for drainage, payment in installments--Time installments due--Penalty on delinquencies.
The first installment under an agreement filed pursuant to §46A-11-13 shall be payable within ten days after a certified copy of the assessment has been filed in the office of the county treasurer. Subsequent installments shall be payable each year for one to nine years from the date of an assessment, with interest on the entire amount unpaid payable annually at maturity of each installment. Subsequent installments shall become delinquent after expiration of thirty days from the time they are payable and a penalty of five percent shall attach. If, however, bonds have been issued for construction of the project, as provided in this chapter, assessments shall be payable in installments sufficient to meet payments on the bonds.
Source: SDC 1939, §61.1015; SDCL, §46-21-14; SL 1985, ch 362, §111.
Structure South Dakota Codified Laws
Chapter 11 - Drainage Assessments And Bonds
Section 46A-11-3 - Matters considered in fixing and equalizing benefits.
Section 46A-11-4 - Hearing on equalization of benefits--Determination by board--Revision procedure.
Section 46A-11-5 - Assessment by board--Cost of establishment.
Section 46A-11-6 - Assessment--Certified copy filed with county treasurer--Notice.
Section 46A-11-9 - Assessments for further costs of construction.
Section 46A-11-12 - Assessments paid to county treasurer--Distribution.
Section 46A-11-18 - Payment of drainage assessments against townships--Unorganized townships.
Section 46A-11-19 - Assessments for drainage--Enforcement by county treasurer, sale of property.
Section 46A-11-25 - Drainage bonds--County not liable for payment--Payment from assessments.
Section 46A-11-28 - Separate accounts for drainage projects.
Section 46A-11-37 - Abandonment and abolition of drainage--Assessments and liens not affected.