Section 46A-6-39 - Borrowing money by board of directors--United States contracts.
46A-6-39. Borrowing money by board of directors--United States contracts. The board of directors of any irrigation district in this state sustaining contractual relations with the United States shall have the power to borrow funds for the purpose of making any necessary payments thereon, and to pledge the credit of the district for the payment of the same.
Source: SDC 1939, § 61.0814; SDCL, § 46-14-38.