South Dakota § 7-25A-26 Board's authority to issue bonds--Purpose--Limitation.

South Dakota Statutes

§ 7-25A-26 — Board's authority to issue bonds--Purpose--Limitation.

South Dakota § 7-25A-26

Title 7COUNTIES

Ch. 7-25AIMPROVEMENT DISTRICTS

This text of South Dakota § 7-25A-26 (Board's authority to issue bonds--Purpose--Limitation.) 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 § 7-25A-26 (2026).

Text

To undertake, accomplish, and complete any project or projects within the powers granted the board, the board may issue and sell bonds and other forms of indebtedness in such amount as the board may determine, for the purpose of acquiring, constructing, completing, or remodeling, maintaining, or equipping any such facility or facilities; refunding and refinancing the same from time to time as often as advantageous and in the public interest to do so; and pledging any income of such district, and any revenues derived by the district from such facilities, or any combination thereof, to secure payment of such bonds and to redeem such bonds. All districts bonds shall be authorized, issued and sold as provided in chapter 6-8B , except no election may be held to issue bonds other than those requ

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To undertake, accomplish, and complete any project or projects within the powers granted the board, the board may issue and sell bonds and other forms of indebtedness in such amount as the board may determine, for the purpose of acquiring, constructing, completing, or remodeling, maintaining, or equipping any such facility or facilities; refunding and refinancing the same from time to time as often as advantageous and in the public interest to do so; and pledging any income of such district, and any revenues derived by the district from such facilities, or any combination thereof, to secure payment of such bonds and to redeem such bonds. All districts bonds shall be authorized, issued and sold as provided in chapter 6-8B , except no election may be held to issue bonds other than those required by S.D. Const., Art. XIII, § 4.