46A-11-22 Cancellation of installments of assessment--Reassessment with further assessments--Issuanc...
Cancellation of installments of assessment--Reassessment with further
assessments--Issuance of bonds--Consideration of payments by landowner on account of previous
assessments or penalties accrued for nonpayment.
Installments of any assessment which has been
made under the provisions of this chapter, including those past due, if no delinquent assessments
have been sold and no bonds issued, at the discretion of the board may be canceled and reassessed
separately or together with any further assessment. However, the reassessment, in lieu of unpaid
installments, shall be in the same amount as the canceled installments. The board may issue bonds
to be paid from funds obtained by such new assessment in accordance with the provisions of this
chapter. If any assessment is canceled for purpose of reassessment, either singly or in conjunction
with other assessments, consideration shall be given to payments made on account of previous
assessments and to penalties or interest accrued on account of nonpayment or delinquency in
payment of any previous assessment and such amounts shall be deducted from or added to the final
assessments in the amounts paid or accrued.
Source: SDC 1939, § 61.1016; SDCL, § 46-21-22; SL 1985, ch 362, § 119.