South Dakota § 49-16B-27 Bonds--Execution and registration--Officers' signatures.

South Dakota Statutes

§ 49-16B-27 — Bonds--Execution and registration--Officers' signatures.

South Dakota § 49-16B-27

Title 49PUBLIC UTILITIES AND CARRIERS

Ch. 49-16BSOUTH DAKOTA RAILROAD AUTHORITY

This text of South Dakota § 49-16B-27 (Bonds--Execution and registration--Officers' signatures.) 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-27 (2026).

Text

Bonds shall be executed by officers of the authority as shall be designated by the authority, and shall be registered by the state auditor of the State of South Dakota. Any bonds bearing the signature of officers in office at the date of signing thereof shall be valid and binding for all purposes, notwithstanding that before delivery thereof any or all persons whose signature appears thereon shall have ceased to be officers.

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Bonds shall be executed by officers of the authority as shall be designated by the authority, and shall be registered by the state auditor of the State of South Dakota. Any bonds bearing the signature of officers in office at the date of signing thereof shall be valid and binding for all purposes, notwithstanding that before delivery thereof any or all persons whose signature appears thereon shall have ceased to be officers.