§ 5-12-22 — Terms and interest rate of bonds.

South Dakota § 5-12-22

• Jurisdiction: South Dakota
• Title 5: PUBLIC PROPERTY, PURCHASES AND CONTRACTS
• Ch. 5-11: SOUTH DAKOTA BUILDING AUTHORITY

Text

All such bonds shall mature within twenty - five years from date and shall bear interest at a rate to be negotiated and may be sold by the Building Authority in such manner as it may deem to be in the best public interest.

Legislative History

SL 1967, ch 276, § 6; SL 1970, ch 39; SL 1980, ch 47, § 5; SL 1983, ch 28, § 5; SL 1988, ch 50, § 7.