South Dakota § 1-16J-12 Negotiability of bonds, notes, and other instruments--Temporary instruments.

South Dakota Statutes

§ 1-16J-12 — Negotiability of bonds, notes, and other instruments--Temporary instruments.

South Dakota § 1-16J-12

Title 1STATE AFFAIRS AND GOVERNMENT

Ch. 1-16JSOUTH DAKOTA ELLSWORTH DEVELOPMENT AUTHORITY

This text of South Dakota § 1-16J-12 (Negotiability of bonds, notes, and other instruments--Temporary instruments.) 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 § 1-16J-12 (2026).

Text

Notwithstanding the form and tenor of any such revenue bond, note, or other instrument and in the absence of any express recital on the face of any such revenue bond, note, or other instrument that it is nonnegotiable, any such revenue bond, note, and other instrument is a negotiable instrument. Pending the preparation and execution of any such revenue bond, note, or other instrument, a temporary revenue bond, note, or instrument may be issued as provided by resolution.

Free access — add to your briefcase to read the full text and ask questions with AI

Notwithstanding the form and tenor of any such revenue bond, note, or other instrument and in the absence of any express recital on the face of any such revenue bond, note, or other instrument that it is nonnegotiable, any such revenue bond, note, and other instrument is a negotiable instrument. Pending the preparation and execution of any such revenue bond, note, or other instrument, a temporary revenue bond, note, or instrument may be issued as provided by resolution.