South Dakota Statutes

§ 46A-1-57 — Sale of refunding bonds for matured obligations--Application of proceeds--Cancellation of instruments paid.

South Dakota § 46A-1-57
JurisdictionSouth Dakota
Title 46AWATER MANAGEMENT
Ch. 46A-1STATE WATER RESOURCES MANAGEMENT

This text of South Dakota § 46A-1-57 (Sale of refunding bonds for matured obligations--Application of proceeds--Cancellation of instruments paid.) 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-1-57 (2026).

Text

Refunding bonds issued pursuant to § 46A-1-56 may be sold at such price as the district shall determine and the proceeds received at any such sale shall be used to pay the bonds, interest coupons, and interest not represented by coupons, if any. Bonds and interest coupons which have been paid shall be canceled and the obligation for interest, not represented by coupons, which has been discharged, shall be evidenced by a written acknowledgment of the exchange or payment thereof.

Free access — add to your briefcase to read the full text and ask questions with AI

Legislative History

SL 1972, ch 241, § 51; SDCL Supp, § 46-17A-50; SL 1988, ch 363, § 4; SL 1989, ch 385, § 22.

Nearby Sections

15
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
South Dakota § 46A-1-57, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/46A-1-57.