South Dakota Statutes
§ 31-10-9 — Agreement for purchase or construction--Payments--Interest.
Any agreement entered into under §§ 31-10-2 to 31-10-11 , inclusive, by the department, for the purchase or construction of any bridge, may provide for one or more annual payments, but not exceeding ten. A reasonable rate of interest may be paid on deferred installments to be paid under any agreement.
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South Dakota § 31-10-9 (Agreement for purchase or construction--Payments--Interest.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 1947, ch 132, § 6; SDC Supp 1960, § 28.1430; SL 2010, ch 145, § 86.
Nearby Sections
15
§ 31-1-1
Highway defined.§ 31-10-1
Definition of terms.§ 31-10-13
Toll-free operation of acquired bridge.§ 31-10-14
Maintenance of acquired bridge.