§ 11-9-46

S.D. Codified Laws § 11-9-46 (2026)

Termination of district.

SL 1978, ch 91 , § 19; SL 1983, ch 37 , § 13; SL 2011, ch 73 , § 19; SL 2018, ch 70 , § 45.

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The existence of a district shall terminate when:

(1) Positive tax increments are no longer allocable to a district under §11-9-25; or
(2) The governing body, by resolution, dissolves the district, after payment or provision for payment of all project costs, grants, and all tax increment bonds of the district.

Source: SL 1978, ch 91 , § 19; SL 1983, ch 37 , § 13; SL 2011, ch 73 , § 19; SL 2018, ch 70 , § 45.