Home/South Dakota/Statutes/Title 9: MUNICIPAL GOVERNMENT/Ch. 9-40: UTILITY FACILITIES AND REVENUE BONDS/§ 9-40-24
South Dakota Statutes

§ 9-40-24 — Exchange of bonds for underlying debt--Application of proceeds to debt.

South Dakota·Title 9 MUNICIPAL GOVERNMENT·Ch. 9-40 UTILITY FACILITIES AND REVENUE BONDS
Bonds may be issued and negotiated subject to this chapter, in exchange for or in satisfaction of an underlying lien, debt, or charge on the utility, and the proceeds applied in payment of the same at or before maturity of the underlying lien or debt.

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South Dakota § 9-40-24 (Exchange of bonds for underlying debt--Application of proceeds to debt.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1931, ch 194, § 18; SDC 1939, § 45.2417; SL 1949, ch 191, § 9; SL 1984, ch 43, § 81.

Nearby Sections

15
§ 9-1-1
Definition of terms.
§ 9-1-1.1
Service to affected person equivalent to required publication.
§ 9-1-2
Municipalities governed by title.
§ 9-1-3
Judicial notice of organization.
§ 9-1-4
Corporate seal--Corporate name.
§ 9-1-5
Governing body authorizes contracts--Execution--Delegation of authority.
§ 9-1-6
Citizen enforcement of this title.
§ 9-1-7
Existing rights unaffected--Remedies cumulative.
§ 9-1-8
Repealed by SL 1981, ch 43, § 13.
§ 9-1-9
Repealed.
§ 9-10-1
Petition for city manager--Validity--Election--Ballot.
§ 9-10-10
City manager--Qualifications and appointment--Residence--Restriction on appointment.
§ 9-10-11
City manager--Term--Removal--Resolution of intent--Response--Public hearing--Pay.
§ 9-10-12
City manager--Absence, disability, or suspension.
§ 9-10-13
City manager--Responsibilities--Power to appoint and remove officers and employees.
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