South Dakota Code § 11-8-48

Accounts of urban renewal agency--Annual report to auditor
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general and governing body.
Each agency shall keep an accurate account of all its activities and of all its receipts and expenditures and shall annually on or before March thirty
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first, make a report thereof to the auditor
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general, and to the governing body of the municipality, such reports to be in a form prescribed by the auditor
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general for the period of the preceding year.

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