South Dakota § 9-38-64 - Revenue from which swimming pool bonds payable--Lien on revenues--Municipal credit and taxing powers not pledged.
Full text of South Dakota South Dakota Codified Laws § 9-38-64 — Revenue from which swimming pool bonds payable--Lien on revenues--Municipal credit and taxing powers not pledged., with citation guidance and answers to common questions.
§ 9-38-64. Revenue from which swimming pool bonds payable--Lien on revenues--Municipal credit and taxing powers not pledged.
Such revenue bonds shall be payable solely from and shall constitute a lien upon the gross revenues derived from and traceable to properties acquired by the expenditure of the proceeds of revenue bonds, or of bonds refunded thereby, as fixed and determined by the governing body in accordance with the provisions of §§ 9-38-61 to 9-38-75, inclusive. The credit and taxing powers of the municipality shall not be pledged for the payment of revenue bonds issued hereunder and the bondholders shall have no right to compel the appropriation of any of the municipality's other funds, money, or property for the payment of the principal thereof or interest thereon.
Source: SL 1957, ch 258, § 1; SDC Supp 1960, § 45.24D01.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 9-38-64
What does South Dakota Codified Laws § 9-38-64 cover?
Section 9-38-64 ("Revenue from which swimming pool bonds payable--Lien on revenues--Municipal credit and taxing powers not pledged.") 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 § 9-38-64?
A common citation format is "South Dakota Codified Laws § 9-38-64" (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 § 9-38-64 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.