South Dakota Codified Laws 31-13-9. Restriction on progress payments
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In no case shall more than seventy–five percent of the contract price be paid on any contract let by a board of township supervisors until the work is completed and accepted by the board and so certified by it, except as provided in this title for payment upon estimates prepared by the county highway superintendent.
Terms Used In South Dakota Codified Laws 31-13-9
- Contract: A legal written agreement that becomes binding when signed.
Source: SL 1911, ch 221, § 6; RC 1919, § 8555; repealed SL 1919, ch 333, § 69; re–enacted SDC 1939, § 28.0403.