South Dakota § 13-5-32 Cooperative educational service units--Powers--Authorization to issue notes.

South Dakota Statutes

§ 13-5-32 — Cooperative educational service units--Powers--Authorization to issue notes.

South Dakota·Title 13 EDUCATION·Ch. 13-5 TYPES AND ORGANIZATION OF SCHOOL DISTRICTS

A cooperative educational service unit may carry out the services stated in the cooperative agreement but may not levy taxes or issue bonds. However, a cooperative educational service unit may issue notes to be sold to the health and educational facilities authority or otherwise borrow money in connection with a program sponsored by the health and educational facilities authority pursuant to § 1-16A-75 .

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A cooperative educational service unit may carry out the services stated in the cooperative agreement but may not levy taxes or issue bonds. However, a cooperative educational service unit may issue notes to be sold to the health and educational facilities authority or otherwise borrow money in connection with a program sponsored by the health and educational facilities authority pursuant to § 1-16A-75 .

South Dakota § 13-5-32 (Cooperative educational service units--Powers--Authorization to issue notes.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.