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
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
§ 46A-1-1
Legislative findings and policy.§ 46A-1-100
Definition of terms.§ 46A-1-102
Disbursement and administration of money from subfunds--Rules--Application of provisions.§ 46A-1-103
Promulgation of rules by board--Content.§ 46A-1-13
Presentation of cost data to Governor and Legislature--Requests for financing authorization.§ 46A-1-13.10
Lewis and Clark Rural Water System authorized.§ 46A-1-13.11
Southern Black Hills Water System authorized.§ 46A-1-13.12
Belle Fourche irrigation upgrade project authorized.Cite This Page — Counsel Stack
Bluebook (online)
South Dakota § 46A-1-33.1, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/46A-1-33.1.