South Dakota Statutes
§ 9-51-16 — Issuance and sale of bonds--Reference to ordinance for matters not covered in bonds--Negotiability.
Bonds shall be issued and sold as provided in chapter 6-8B , except that no election shall be required other than as provided in § 9-51-14 . All bonds may refer to the ordinance for matters not expressed in the bonds, but they shall be negotiable investment securities within the meaning of chapter 57A-8 , notwithstanding any conditions expressed therein or in the ordinance.
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South Dakota § 9-51-16 (Issuance and sale of bonds--Reference to ordinance for matters not covered in bonds--Negotiability.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 1955, ch 216, § 5; SDC Supp 1960, § 45.02A05; SL 1984, ch 43, § 92.
Nearby Sections
15
§ 9-1-1
Definition of terms.§ 9-1-9
Repealed.