7-21-26 Excessive debts, liabilities, and payments void.
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Excessive debts, liabilities, and payments void.
All orders, authorizations,
allowances, contracts, payments, or agreements or liabilities to pay, made or attempted to be made
in violation of this chapter, shall be void and shall never be the foundation of a claim against any
county or against any institution or agency thereof, and all warrants, certificates, orders, or other
evidences of indebtedness drawn or issued for the purpose of paying any indebtedness or liabilities
incurred or created or attempted to be incurred or created in violation of the provisions of this
chapter shall be void.
Source: SL 1927, ch 79, § 22; SDC 1939, § 12.2021.
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