South Dakota Statutes

§ 1-16A-42 — Bonds payable only from revenues.

South Dakota § 1-16A-42
JurisdictionSouth Dakota
Title 1STATE AFFAIRS AND GOVERNMENT
Ch. 1-16HEALTH AND EDUCATIONAL FACILITIES AUTHORITY

This text of South Dakota § 1-16A-42 (Bonds payable only from revenues.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
S.D. Codified Laws § 1-16A-42 (2026).

Text

All bonds issued by the authority shall be payable solely out of the revenues and receipts derived from the leasing or sale by the authority of the facilities concerned or of any thereof as may be designated in the resolutions of the authority under which the bonds shall be authorized to be issued or as may be designated in a trust indenture authorized by the authority.

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Legislative History

SL 1972, ch 10, § 10.

Nearby Sections

15
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Bluebook (online)
South Dakota § 1-16A-42, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/1-16A-42.