South Dakota § 1-16A-98 State not liable for capital outlay certificates and lease purchase agreements sponsored by authority or secured by pledge of state aid to education.

South Dakota Statutes

§ 1-16A-98 — State not liable for capital outlay certificates and lease purchase agreements sponsored by authority or secured by pledge of state aid to education.

South Dakota·Title 1 STATE AFFAIRS AND GOVERNMENT·Ch. 1-16 HEALTH AND EDUCATIONAL FACILITIES AUTHORITY

No capital outlay certificate issued or lease purchase agreement entered into as part of a program sponsored by the authority or secured by a pledge of state aid to education funds may be or become a lien, charge, or liability against the state or the authority, nor against the property or funds of the state or the authority within the meaning of the Constitution or laws of South Dakota.

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South Dakota § 1-16A-98 (State not liable for capital outlay certificates and lease purchase agreements sponsored by authority or secured by pledge of state aid to education.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.