South Dakota Statutes
§ 9-40-11 — Ordinance provisions for utility operation and security of bondholders.
A municipality acquiring, adding to, improving, or extending any utility under the provisions of this chapter may provide by ordinance or resolution duly adopted by its governing body any such lawful provisions and stipulations for the proper operation and maintenance thereof, the administration of the income and revenues, and for the security of the bondholders as the governing body may deem necessary.
Free access — add to your briefcase to read the full text and ask questions with AI
South Dakota § 9-40-11 (Ordinance provisions for utility operation and security of bondholders.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 1931, ch 194, § 17; SDC 1939, § 45.2416; SL 1949, ch 191, § 8.
Nearby Sections
15
§ 9-1-1
Definition of terms.§ 9-1-9
Repealed.