6-8-4. Obligations exceeding debt limitations not validated.
Section 6-8-3 shall not be construed as attempting to validate evidences of indebtedness issued by such political subdivision in excess of the constitutional or statutory limitations upon its indebtedness.
Source: SL 1967, ch 350, §4; SL 1969, ch 291, §4.
Structure South Dakota Codified Laws
Title 6 - Local Government Generally
Chapter 08 - Validation of Prior Bonds of Political Subdivisions
Section 6-8-1 - Validation of obligations--Subdivisions and obligations included.
Section 6-8-2 - Time period of obligations and proceedings validated.
Section 6-8-4 - Obligations exceeding debt limitations not validated.