South Dakota § 7-21-33 - Uncollected taxes not considered asset in computing debt limitation.
Full text of South Dakota South Dakota Codified Laws § 7-21-33 — Uncollected taxes not considered asset in computing debt limitation., with citation guidance and answers to common questions.
§ 7-21-33. Uncollected taxes not considered asset in computing debt limitation.
Whenever it shall be necessary to compute the indebtedness of a county or of any of its institutions or agencies, for bonding or other indebtedness purposes, delinquent taxes and taxes levied for the purposes set forth in the budget of the county shall not be considered an asset, but shall be deemed for such purposes to have been already pledged and expended for the purposes, objects, and items set forth in the budget; provided however, that all taxes levied for the payment and redemption of bonds, warrants, or other public debts, shall be deemed a competent and sufficient asset to be considered in the calculation of any constitutional or statutory limitation.
Source: SL 1927, ch 79, § 20; SDC 1939, § 12.2019.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 7-21-33
What does South Dakota Codified Laws § 7-21-33 cover?
Section 7-21-33 ("Uncollected taxes not considered asset in computing debt limitation.") 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 § 7-21-33?
A common citation format is "South Dakota Codified Laws § 7-21-33" (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 § 7-21-33 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.