South Dakota § 1-16A-45 Maintenance, rental and funding agreements in bond resolution.

South Dakota Statutes

§ 1-16A-45 — Maintenance, rental and funding agreements in bond resolution.

South Dakota § 1-16A-45

Title 1STATE AFFAIRS AND GOVERNMENT

Ch. 1-16HEALTH AND EDUCATIONAL FACILITIES AUTHORITY

This text of South Dakota § 1-16A-45 (Maintenance, rental and funding agreements in bond resolution.) 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-45 (2026).

Text

The resolution under which the bonds are authorized to be issued and any such trust indenture, mortgage, or deed of trust may contain any agreements and provisions respecting the maintenance of the properties covered thereby, the fixing and collection of rents for any portions thereof leased by the authority to others, the creation and maintenance of special funds from such revenues and the rights and remedies available in the event of default, including the designation of a trustee, all as the authority shall deem advisable and not in conflict with the provisions hereof.

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The resolution under which the bonds are authorized to be issued and any such trust indenture, mortgage, or deed of trust may contain any agreements and provisions respecting the maintenance of the properties covered thereby, the fixing and collection of rents for any portions thereof leased by the authority to others, the creation and maintenance of special funds from such revenues and the rights and remedies available in the event of default, including the designation of a trustee, all as the authority shall deem advisable and not in conflict with the provisions hereof.