South Dakota Statutes

§ 46A-1-33.1 — District may contract to manage payment or interest rate risk for bonds.

South Dakota § 46A-1-33.1
JurisdictionSouth Dakota
Title 46AWATER MANAGEMENT
Ch. 46A-1STATE WATER RESOURCES MANAGEMENT

This text of South Dakota § 46A-1-33.1 (District may contract to manage payment or interest rate risk for bonds.) 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 § 46A-1-33.1 (2026).

Text

The district may enter into any contract that the district determines necessary or appropriate to manage payment or interest rate risk for bonds issued pursuant to this chapter, the investment of proceeds, or other funds of the district. The contracts may include: interest rate exchange agreements; contracts providing for payment or receipt of funds based on levels of or changes in interest rates; contracts to exchange cash flows or series of payments; or contracts incorporating interest rate caps, collars, floors, or locks.

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Legislative History

SL 2003, ch 10, § 6.

Nearby Sections

15
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Bluebook (online)
South Dakota § 46A-1-33.1, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/46A-1-33.1.