<html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 7-2-12.1 - Debt of newly consolidated county.</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.sf3c900fb5a0e4270b87249eda09ca881Normal { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.sf3c900fb5a0e4270b87249eda09ca881SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sf3c900fb5a0e4270b87249eda09ca881CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.sf3c900fb5a0e4270b87249eda09ca881Statute { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.sf3c900fb5a0e4270b87249eda09ca881DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sf3c900fb5a0e4270b87249eda09ca881000000 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.sf3c900fb5a0e4270b87249eda09ca881NoIndent { text-indent: 0.00in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.sf3c900fb5a0e4270b87249eda09ca881DefaultParagraphFont-000001 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sf3c900fb5a0e4270b87249eda09ca881SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } body { text-decoration-skip-ink: none; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 7-2-12.1 - Debt of newly consolidated county."><meta property="og:description" content="SDLRC Codified Law 7-2-12.1 - Debt of newly consolidated county."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes/7-2-12.1"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="sf3c900fb5a0e4270b87249eda09ca881Normal"><a href="https://sdlegislature.gov/Statutes?Statute=7-2-12.1" rel="noopener"><span class="sf3c900fb5a0e4270b87249eda09ca881SENU">7-2-12.1</span></a><span xml:space="preserve" class="sf3c900fb5a0e4270b87249eda09ca881SENU">. </span><span class="sf3c900fb5a0e4270b87249eda09ca881CL">Debt of newly consolidated county.</span></p><p dir="ltr" class="sf3c900fb5a0e4270b87249eda09ca881Statute"><span class="sf3c900fb5a0e4270b87249eda09ca881DefaultParagraphFont">Any debt contracted by the former counties that comprise the new county may only be paid from taxes levied on property that was part of the territory of the former county as it was when it contracted the debt. The board of county commissioners of the new county may, by ordinance or resolution, assume the debt of each of the former counties as the debt of the new county and pay for the debt from taxes levied on the property of the whole county.</span></p><p dir="ltr" class="sf3c900fb5a0e4270b87249eda09ca881Normal"><span xml:space="preserve" class="sf3c900fb5a0e4270b87249eda09ca881000000"> </span></p><p dir="ltr" class="sf3c900fb5a0e4270b87249eda09ca881NoIndent"><span xml:space="preserve" class="sf3c900fb5a0e4270b87249eda09ca881DefaultParagraphFont-000001">Source: </span><span class="sf3c900fb5a0e4270b87249eda09ca881SCL">SL 2024, ch 26, § 16.</span></p></div></body></html>