South Dakota Statutes
§ 46A-1-58 — Refunding bonds authorized for unmatured obligations.
The district may issue negotiable refunding bonds under the provisions of this chapter to refund bonds at or before their maturity or which by their terms are subject to redemption before maturity, or both, in an amount necessary to refund:
(1)The principal amount of the bonds to be refunded;
(2)The interest to accrue up to and including the maturity date or dates, or to the next succeeding redemption date of the bonds; and (3) The applicable redemption premiums, if any.
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South Dakota § 46A-1-58 (Refunding bonds authorized for unmatured obligations.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 1972, ch 241, § 52; SDCL Supp, § 46-17A-51; SL 2011, ch 165, § 307.
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.