South Dakota § 1-16H-22 Negotiability of bonds, notes, or instruments--Temporary bonds, notes, or instruments.

South Dakota Statutes

§ 1-16H-22 — Negotiability of bonds, notes, or instruments--Temporary bonds, notes, or instruments.

South Dakota·Title 1 STATE AFFAIRS AND GOVERNMENT·Ch. 1-16H SCIENCE AND TECHNOLOGY AUTHORITY

Notwithstanding the form and tenor of any such revenue bonds, notes, or other instruments and in the absence of any express recital on the face of any such revenue bond, note, or other instruments that it is non-negotiable, all such revenue bonds, notes, and other instruments are negotiable instruments. Pending the preparation and execution of any such revenue bonds, notes, or other instruments, temporary revenue bonds, notes, or instruments may be issued as provided by resolution.

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Notwithstanding the form and tenor of any such revenue bonds, notes, or other instruments and in the absence of any express recital on the face of any such revenue bond, note, or other instruments that it is non-negotiable, all such revenue bonds, notes, and other instruments are negotiable instruments. Pending the preparation and execution of any such revenue bonds, notes, or other instruments, temporary revenue bonds, notes, or instruments may be issued as provided by resolution.

South Dakota § 1-16H-22 (Negotiability of bonds, notes, or instruments--Temporary bonds, notes, or instruments.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.