46A-6-40. Borrowing for unforeseen or unusual conditions in operation and maintenance.
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/sd/title-46/chapter-46-6/46a-6-40A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The board of directors may borrow funds to meet the necessities of any unforeseen or unusual conditions arising in the operation and maintenance of the irrigation system of the district and may pledge the credit of the district for the payment of the debt.