38-8-53.1. Conservation district special revenue fund available for loans to watershed districts. The conservation district special revenue fund shall be made available to watershed districts of the state on a reimbursable basis, by watershed districts participating in such special revenue funds, for the purpose of obtaining options, easements and rights-of-way for watershed development. Such loans shall be in accordance with rules and regulations prescribed by the State Conservation Commission and shall be expended upon vouchers approved by the commission or its delegated representative.
Source: SDC Supp 1960, § 4.1519 as added by SL 1969, ch 7.
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