South Dakota Statutes

§ 9-51-21 — Revenue bonds not municipal indebtedness.

South Dakota·Title 9 MUNICIPAL GOVERNMENT·Ch. 9-51 MUNICIPAL PARKING FACILITIES
No bonds issued under §§ 9-51-13 to 9-51-19 , inclusive, constitute an indebtedness of the municipality within the meaning of any constitutional or statutory provisions or limitations, any provisions in the bonds set forth, or set forth in the ordinance authorizing the bonds to the contrary notwithstanding.

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South Dakota § 9-51-21 (Revenue bonds not municipal indebtedness.) — 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, § 93.

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