South Dakota Statutes

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

South Dakota·Title 11 PLANNING, ZONING AND HOUSING PROGRAMS·Ch. 11-8 SOUTH DAKOTA HOUSING DEVELOPMENT AUTHORITY
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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South Dakota § 11-11-72 (Valuation of securities held by capital reserve funds.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

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

Nearby Sections

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