South Dakota Statutes

§ 9-44-10 — Bonds payable from improvement fund--Negotiability--Municipal obligation limited.

South Dakota § 9-44-10
JurisdictionSouth Dakota
Title 9MUNICIPAL GOVERNMENT
Ch. 9-44MUNICIPAL IMPROVEMENT BONDS

This text of South Dakota § 9-44-10 (Bonds payable from improvement fund--Negotiability--Municipal obligation limited.) 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 § 9-44-10 (2026).

Text

All bonds shall be payable solely out of the fund of the improvement or improvements to be financed thereby but they shall be negotiable investment securities within the meaning of chapter 57A-8 . The obligation of the municipality with reference thereto shall be limited to the proper administration of the fund and the support of the same by the methods provided in this chapter and as provided in the resolution or ordinance authorizing the bond issue.

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Legislative History

SL 1947, ch 219, § 2; SDC Supp 1960, § 45.21A02; SL 1984, ch 43, § 88.

Nearby Sections

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Bluebook (online)
South Dakota § 9-44-10, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/9-44-10.