South Dakota § 11-8-73 Recital in bond conclusive of purpose and validity.

South Dakota Statutes

§ 11-8-73 — Recital in bond conclusive of purpose and validity.

South Dakota·Title 11 PLANNING, ZONING AND HOUSING PROGRAMS·Ch. 11-8 URBAN RENEWAL

In any suit, action, or proceeding involving the validity or enforceability of any bond issued under this chapter or the security therefor, any such bond reciting in substance that it has been issued by the municipality in connection with an urban renewal project, as herein defined, shall be conclusively deemed to have been issued for such purpose and for such project, shall be conclusively deemed to have been planned, located, and carried out in accordance with the provisions of this chapter.

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In any suit, action, or proceeding involving the validity or enforceability of any bond issued under this chapter or the security therefor, any such bond reciting in substance that it has been issued by the municipality in connection with an urban renewal project, as herein defined, shall be conclusively deemed to have been issued for such purpose and for such project, shall be conclusively deemed to have been planned, located, and carried out in accordance with the provisions of this chapter.

South Dakota § 11-8-73 (Recital in bond conclusive of purpose and validity.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.