South Dakota Statutes

§ 11-11-72 — Valuation of securities held by capital reserve funds.

South Dakota § 11-11-72
JurisdictionSouth Dakota
Title 11PLANNING, ZONING AND HOUSING PROGRAMS
Ch. 11-8SOUTH DAKOTA HOUSING DEVELOPMENT AUTHORITY

This text of South Dakota § 11-11-72 (Valuation of securities held by capital reserve funds.) 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 § 11-11-72 (2026).

Text

In computing the amount of the capital reserve funds for the purpose of §§ 11-11-71 to 11-11-75 , inclusive, securities in which all or a portion of such funds shall be invested shall be valued at par or if purchased at less than par, at their cost to the authority.

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Legislative History

SL 1973, ch 180, § 38; SDCL Supp, § 28-19-63.

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Bluebook (online)
South Dakota § 11-11-72, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/11-11-72.