South Dakota § 13-19-27 - Financing arrangements for capital improvements and expenditures incident to consolidation.
Full text of South Dakota South Dakota Codified Laws § 13-19-27 — Financing arrangements for capital improvements and expenditures incident to consolidation., with citation guidance and answers to common questions.
§ 13-19-27. Financing arrangements for capital improvements and expenditures incident to consolidation.
Any school district may enter into lease-purchase agreements or other financing arrangement with or issue capital outlay certificates that are secured by a pledge of state aid to education funds in connection with a program sponsored by the Health and Educational Facilities Authority for capital improvements, the acquisition of equipment, or improvement of school facilities or other lawful purpose that the school board considers necessary or appropriate or as a result of a consolidation or proposed consolidation of one school district with another school district.
Source: SL 1986, ch 124, § 1; SL 1988, ch 140, § 2; SL 1999, ch 84, § 5; SL 2015, ch 90, § 1.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 13-19-27
What does South Dakota Codified Laws § 13-19-27 cover?
Section 13-19-27 ("Financing arrangements for capital improvements and expenditures incident to consolidation.") is part of the South Dakota Codified Laws, the codified statutory law of South Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Dakota § 13-19-27?
A common citation format is "South Dakota Codified Laws § 13-19-27" (South Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Dakota official source linked on this page or consult a licensed South Dakota attorney.
How does South Dakota § 13-19-27 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Dakota.