41-18-10. Bond proceeds deposited in park fund--Warrants for disbursements.
73 words·~1 min read·
/sd/title-41/chapter-41-18/41-18-10A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If bonds of the county are issued for the purpose of acquiring or improving a public park and creating bodies of water in the park, the proceeds of the bonds shall be deposited with the county treasurer in a fund to be designated as a county park fund and shall be paid out only upon warrants of the county auditor on the fund issued under the orders of the board of county commissioners.