4-3-22 Maturity date for revenue anticipation warrants--Interest provisions.
4-3-22.
Maturity date for revenue anticipation warrants--Interest provisions.
The treasurer
of the state is authorized, in his discretion, based upon estimates as to when uncollected revenues
already assessed will be paid, to determine and express upon the face of the warrants issued pursuant
to § 4-3-21 the date when such warrants and the interest thereon shall become due and payable; and
may also provide in such warrants where such interest shall be payable and whether annually or
semiannually.
Source: SL 1895, ch 91, § 2; SL 1895, ch 92, § 1; SL 1895, ch 93, § 1; RPolC 1903, § 2248; SL
1909, ch 120; RC 1919, § 6971; SL 1921, ch 397; SDC 1939, § 55.2504.
Chapter 4-3