South Dakota Codified Laws 5-12-26. Creation of state obligation not authorized
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Nothing in this chapter shall be construed to authorize the Building Authority or any department, board, commission, or other agency to create an obligation of the State of South Dakota within the meaning of the Constitution or statutes of South Dakota.
Terms Used In South Dakota Codified Laws 5-12-26
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
Source: SL 1967, ch 276, § 13.