Home/South Dakota/Statutes/Title 6: LOCAL GOVERNMENT GENERALLY/Ch. 6-8A: BONDS OF LOCAL PUBLIC BODIES/§ 6-8B-46
South Dakota Statutes

§ 6-8B-46 — Disposition of proceeds of sale--Escrow.

South Dakota § 6-8B-46
JurisdictionSouth Dakota
Title 6LOCAL GOVERNMENT GENERALLY
Ch. 6-8ABONDS OF LOCAL PUBLIC BODIES

This text of South Dakota § 6-8B-46 (Disposition of proceeds of sale--Escrow.) 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 § 6-8B-46 (2026).

Text

The proceeds of refunding bonds shall either be immediately applied to the retirement of the bonds to be refunded or be placed in escrow in any financial institution within or without the state which has trust powers, and has complied with the applicable provisions of §§ 51A-5-7 to 51A-5-10 , inclusive, to be applied to the payment of the bonds being refunded upon their presentation therefor.

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Legislative History

SL 1974, ch 54, § 10; SDCL Supp, § 6-8A-24; SL 1984, ch 43, § 44.

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Bluebook (online)
South Dakota § 6-8B-46, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/6-8B-46.