South Dakota § 11-7-98 Validity of signatures on bonds--Negotiable investment securities.

South Dakota Statutes

§ 11-7-98 — Validity of signatures on bonds--Negotiable investment securities.

South Dakota § 11-7-98

Title 11PLANNING, ZONING AND HOUSING PROGRAMS

Ch. 11-7COUNTY AND MUNICIPAL HOUSING AND REDEVELOPMENT

This text of South Dakota § 11-7-98 (Validity of signatures on bonds--Negotiable investment securities.) 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 § 11-7-98 (2026).

Text

If any of the commissioners or officers of the commission whose signatures appear on any bonds or coupons cease to be commissioners or officers before the delivery of the bonds, their signatures shall be valid for all purposes. Any provision of any law to the contrary notwithstanding, any bonds issued pursuant to this chapter shall be negotiable investment securities within the meaning of chapter 57A-8 .

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If any of the commissioners or officers of the commission whose signatures appear on any bonds or coupons cease to be commissioners or officers before the delivery of the bonds, their signatures shall be valid for all purposes. Any provision of any law to the contrary notwithstanding, any bonds issued pursuant to this chapter shall be negotiable investment securities within the meaning of chapter 57A-8 .