South Dakota Statutes

§ 46A-1-51 — Financing agreements--Proper authority required.

South Dakota § 46A-1-51
JurisdictionSouth Dakota
Title 46AWATER MANAGEMENT
Ch. 46A-1STATE WATER RESOURCES MANAGEMENT

This text of South Dakota § 46A-1-51 (Financing agreements--Proper authority required.) 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-1-51 (2026).

Text

Before entering into any financing agreement under § 46A-1-49 , the Board of Water and Natural Resources shall be satisfied by opinion of the attorney general, by an examination of relevant charters, resolutions, minutes, and other documents, or by other sufficient means that the person or public entity receiving such financing has the authority and power to construct the project, borrow these funds and enter into the financing agreement. The board shall also be so satisfied that all procedures, resolutions, and other things necessary to exercise such authority have been properly performed.

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Legislative History

SL 1980, ch 310, § 4; SDCL Supp, § 46-17A-46.3.

Nearby Sections

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Bluebook (online)
South Dakota § 46A-1-51, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/46A-1-51.