38-8-54. District power to receive loans from special revenue fund.

A conservation district, and the supervisors thereof, shall have the power, in addition to others granted in other sections of this chapter, to make loans from the State of South Dakota from funds available through the conservation district special revenue fund on a reimbursable basis in accordance with policies and procedures prescribed by the State Conservation Commission.

Source: SDC 1939, § 4.1510 (11) as added by SL 1949, ch 11.

38-8-54.1. Borrowing funds and pledging credit of district authorized.

The conservation districts may borrow funds to meet the necessities arising from the operation and maintenance of the conservation district, and may pledge the credit of the district for the payment of the obligations.

Source: SL 1979, ch 263.