South Dakota Statutes

§ 49-16B-23 — Negotiable revenue bonds--Resolution for issuance--Legislative approval.

South Dakota § 49-16B-23
JurisdictionSouth Dakota
Title 49PUBLIC UTILITIES AND CARRIERS
Ch. 49-16BSOUTH DAKOTA RAILROAD AUTHORITY

This text of South Dakota § 49-16B-23 (Negotiable revenue bonds--Resolution for issuance--Legislative approval.) 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 § 49-16B-23 (2026).

Text

The authority may at one time, or from time to time, provide by resolution for the issuance of negotiable revenue bonds for the purpose of paying all or any part of the cost of one or combination of projects. However, no revenue bonds may be sold to raise the funds for payment of such project until after the Legislature by law declares the same to be in the public interest.

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Legislative History

SL 1980, ch 323, § 22.

Nearby Sections

15
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Bluebook (online)
South Dakota § 49-16B-23, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/49-16B-23.