South Dakota Statutes

§ 46A-11-33 — Refunding outstanding evidences of indebtedness--Sale and exchange--Laws governing.

South Dakota § 46A-11-33
JurisdictionSouth Dakota
Title 46AWATER MANAGEMENT
Ch. 46A-11DRAINAGE ASSESSMENTS AND BONDS

This text of South Dakota § 46A-11-33 (Refunding outstanding evidences of indebtedness--Sale and exchange--Laws governing.) 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-11-33 (2026).

Text

If a board issues an order extending the time for payment of installments of assessments, or if all assessments not extended have been collected or become delinquent, the board may refund outstanding bonds, warrants, or certificates on account of any project, which may then be due or nearly due or which may be refunded at a lower rate of interest, and may issue and sell drainage refunding bonds of the county. The bonds may be sold at par value or may be exchanged for outstanding obligations of the district. Except as otherwise stated, the provisions of this chapter apply to issuance, sale, and payment of the bonds.

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Legislative History

SDC 1939, § 61.1021; SDCL, § 46-21-33; SL 1985, ch 362, § 130.

Nearby Sections

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Bluebook (online)
South Dakota § 46A-11-33, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/46A-11-33.