South Dakota Statutes

§ 9-40-27 — Enforcement by bondholders of statutory mortgage and requirements of chapter.

South Dakota § 9-40-27
JurisdictionSouth Dakota
Title 9MUNICIPAL GOVERNMENT
Ch. 9-40UTILITY FACILITIES AND REVENUE BONDS

This text of South Dakota § 9-40-27 (Enforcement by bondholders of statutory mortgage and requirements of chapter.) 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 § 9-40-27 (2026).

Text

Any holder of bonds issued pursuant to this chapter or of any of the coupons may by proper proceeding protect and enforce the statutory mortgage lien conferred by § 9-40-25 and may enforce and compel performance of all duties required by this chapter, including the making and collecting of sufficient rates, the segregation of the income and revenue, and the proper application thereof.

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Legislative History

SL 1931, ch 194, § 7; SDC 1939, § 45.2407.

Nearby Sections

15
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Bluebook (online)
South Dakota § 9-40-27, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/9-40-27.