9-52-5. Municipal indebtedness not authorized by chapter.
29 words·~1 min read·
/sd/title-9/chapter-9-52/9-52-5·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Nothing contained in this chapter shall be deemed to authorize the incurring by any municipality of indebtedness within the meaning of any constitutional or statutory limitation upon municipal indebtedness.