<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 9-42-12.1 - Payments from general fund of municipality. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2037088Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2037088SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2037088CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2037088Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2037088DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2037088000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2037088SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2037088SCL-000002 { 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></head><body><div><p dir="ltr" class="s2037088Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=9-42-12.1"><span class="s2037088SENU">9-42-12.1</span></a><span xml:space="preserve" class="s2037088SENU">. </span><span class="s2037088CL">Payments from general fund of municipality.</span></p><p dir="ltr" class="s2037088Normal-000000"><span xml:space="preserve" class="s2037088DefaultParagraphFont">If progress payments or final payment become due under the provisions of § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=9-42-12"><span class="s2037088DefaultParagraphFont">9-42-12</span></a><span xml:space="preserve" class="s2037088DefaultParagraphFont"> and if the improvements are to be financed by bonds authorized under the provisions of chapter </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=9-44"><span class="s2037088DefaultParagraphFont">9-44</span></a><span xml:space="preserve" class="s2037088DefaultParagraphFont"> and the bonds have not been sold, the municipality may transfer the necessary funds from general funds in order to make the payments.</span></p><p dir="ltr" class="s2037088Normal"><span xml:space="preserve" class="s2037088000001"> </span></p><p dir="ltr" class="s2037088Normal"><span class="s2037088SCL">Source:</span><span xml:space="preserve" class="s2037088SCL-000002"> SL 1981, ch 74.</span></p></div></body></html>