South Dakota Codified Laws
Chapter 06 - Irrigation District Contracts And Financing
Section 46A-6-41.1 - Borrowing funds from conservancy district--Pledge of district credit.

46A-6-41.1. Borrowing funds from conservancy district--Pledge of district credit.
The provisions of §46A-6-41 notwithstanding, the board of directors of any irrigation district may borrow funds from the conservancy district as set forth in §46A-1-64 if the funds are used for study, planning, design, or engineering purposes. The board may pledge the credit of the district to repay the funds.

Source: SL 1984, ch 294, §37.

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Structure South Dakota Codified Laws

South Dakota Codified Laws

Title 46A - Water Management

Chapter 06 - Irrigation District Contracts And Financing

Section 46A-6-1 - Unauthorized debts and liabilities prohibited.

Section 46A-6-2 - Contracts for supply of water to irrigate lands--Source of supply.

Section 46A-6-3 - Payment within one year of purchase price of water supply--Tax levy.

Section 46A-6-4 - Contract to supply water to irrigate lands--Payments extending more than one year--Submission to voters for approval or disapproval, general or special election, notice, conduct of election--Approval of contract by voters--Annual ta...

Section 46A-6-4.1 - Eligibility to vote on water supply contract.

Section 46A-6-5 - Drainage of land by district--Special assessments and funds--Surveys--Eminent domain--Contract with United States.

Section 46A-6-6 - Contract with United States for drainage of lands in district--Contract by board of directors for drainage of contiguous outside lands, assumption of cost and repayment to United States.

Section 46A-6-7 - Submission of federal contract to voters at general or special election--Notice--Approval by voters.

Section 46A-6-8 - Supplemental or amendatory contracts with United States--Amount of principal indebtedness not increased.

Section 46A-6-9 - Election and judicial confirmation not required for supplementary or amendatory contracts--Resolution of board.

Section 46A-6-10 - Prior supplemental contracts with United States validated.

Section 46A-6-15 - Covenants and agreements to protect security and payment of bonds.

Section 46A-6-16 - Bonds of district to be delivered to United States under reclamation contract--Form--Terms--Denominations.

Section 46A-6-17 - Issuance of bond not necessary--Cost and expenses of property and works covered by contract between district and United States.

Section 46A-6-19 - Payment of bonds and interest--Annual assessment upon real property of district.

Section 46A-6-22 - Debt service fund--Investment in federal or state bonds or certificates of deposit, deposits in banks within state.

Section 46A-6-23 - Interest on due and unpaid interest coupons of bonds--Election to authorize--Form of ballots.

Section 46A-6-24 - Interest on unpaid coupons--Majority vote of electors--Adoption declared by board--Levy for capital projects fund--Stamping of coupons by county treasurer.

Section 46A-6-29 - Contract with United States guaranteeing bonds of district or extending financial credit.

Section 46A-6-30 - Compliance with federal and state laws--Rights of district to contract.

Section 46A-6-31 - Special court proceeding to confirm contracts or assessments-- Procedure--Partial approval--Curing of defects.

Section 46A-6-32 - Confirmation of issue and sale of bonds by board of directors--Judicial examination in special proceeding--Approval or disapproval by circuit court.

Section 46A-6-33 - Petition of board of directors for confirmation of issue and sale of bonds--Filed in circuit court--Contents.

Section 46A-6-34 - Hearing of petition of board of directors for confirmation of issue and sale of bonds--Notice of filing, publication--Time and place.

Section 46A-6-35 - Pleading to petition of board of directors for confirmation of issue and sale of bonds--Law governing.

Section 46A-6-36 - Contract with United States amendatory of individual water right contracts--Exception.

Section 46A-6-37 - Court hearing on organization of district or issuance of bonds--Determination of legality--Disregard of certain irregularities--Partial approval--Costs.

Section 46A-6-38 - Statement by board--Preparation, contents, and certification--Statement and bonds presented to department--Recording of statement--Registration of bonds.

Section 46A-6-39 - Borrowing to make payments on federal contracts.

Section 46A-6-40 - Borrowing for unforeseen or unusual conditions in operation and maintenance.

Section 46A-6-41 - Maximum amount of loans--Payment.

Section 46A-6-41.1 - Borrowing funds from conservancy district--Pledge of district credit.

Section 46A-6-42 - Funds of district--Deposit in bank, designation by board of directors, release of district treasurer from personal liability.

Section 46A-6-43 - Withdrawal from construction fund and deposit in county treasury--Disbursement by county treasurer--Monthly report.

Section 46A-6-44 - Costs of acquisition of property and construction of works and improvements--Payment out of construction fund or in district bonds.

Section 46A-6-45 - Additional bonds of district--Priority.

Section 46A-6-46 - Claims against district--Verification required--Oaths administered by district secretary.

Section 46A-6-47 - Claims against district--Allowance--Warrants for payment.

Section 46A-6-48 - Insufficient funds for payment of warrants--Endorsement of district treasurer--Interest.

Section 46A-6-49 - Register of warrants by district treasurer--Payment of warrants in order of presentation.

Section 46A-6-50 - District treasurer--Monthly report.

Section 46A-6-51 - Transfer of assets and liabilities of nonprofit entity to district--Approval by governing board and electors.