South Dakota § 1-16B-22 Issuance of refunding obligations--Terms governed by chapter.

South Dakota Statutes

§ 1-16B-22 — Issuance of refunding obligations--Terms governed by chapter.

South Dakota § 1-16B-22

Title 1STATE AFFAIRS AND GOVERNMENT

Ch. 1-16ECONOMIC DEVELOPMENT FINANCE AUTHORITY

This text of South Dakota § 1-16B-22 (Issuance of refunding obligations--Terms governed by chapter.) 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 § 1-16B-22 (2026).

Text

The authority may issue refunding obligations to retire outstanding obligations which have been issued under the provisions of this chapter, including any redemption premium and interest accrued or which will accrue by the date of redemption or for any corporate purpose of the authority. The issuance of refunding obligations, the maturities and other details thereof, the rights of holders thereof, and the rights, duties, and obligations of the authority in respect to the same shall be governed by the provisions of this chapter which relate to the issuance of obligations where appropriate.

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The authority may issue refunding obligations to retire outstanding obligations which have been issued under the provisions of this chapter, including any redemption premium and interest accrued or which will accrue by the date of redemption or for any corporate purpose of the authority. The issuance of refunding obligations, the maturities and other details thereof, the rights of holders thereof, and the rights, duties, and obligations of the authority in respect to the same shall be governed by the provisions of this chapter which relate to the issuance of obligations where appropriate.