South Dakota Codified Laws 6-8B-47. Escrow including other funds
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The public body may appropriate to any escrow established under § 6-8B-46, any other moneys available for the purpose, including moneys on hand in the sinking fund for the refunded bonds.
Terms Used In South Dakota Codified Laws 6-8B-47
- Escrow: Money given to a third party to be held for payment until certain conditions are met.
Source: SL 1974, ch 54, § 10; SDCL Supp, § 6-8A-25; SL 1984, ch 43, § 45.