South Dakota Statutes
§ 9-41A-34 — Encumbrance of property to secure obligations.
A municipal power agency may mortgage, pledge, and grant a security interest in any or all of its real and personal property to secure the payment of its bonds, notes, or other obligations or contracts.
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South Dakota § 9-41A-34 (Encumbrance of property to secure obligations.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 1978, ch 66, § 31.
Nearby Sections
15
§ 9-1-1
Definition of terms.§ 9-1-9
Repealed.