South Dakota Statutes

§ 1-16B-15 — Power to issue notes and bonds--Maximum outstanding.

South Dakota·Title 1 STATE AFFAIRS AND GOVERNMENT·Ch. 1-16 ECONOMIC DEVELOPMENT FINANCE AUTHORITY
The authority may issue negotiable notes and bonds in such principal amounts as it shall determine to be necessary to provide sufficient funds for achieving any of its corporate purposes. The total outstanding amount of such notes and bonds may not exceed three hundred million dollars at any time.

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South Dakota § 1-16B-15 (Power to issue notes and bonds--Maximum outstanding.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1978, ch 9, § 9; SL 1986, ch 14, § 7; SL 1990, ch 11, § 5; SL 1991, ch 8.

Nearby Sections

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