South Dakota Statutes

§ 9-54-2 — Power to issue bonds, acquire or construct projects and enter revenue agreements--Location of projects.

South Dakota § 9-54-2
JurisdictionSouth Dakota
Title 9MUNICIPAL GOVERNMENT
Ch. 9-53ECONOMIC DEVELOPMENT PROJECTS

This text of South Dakota § 9-54-2 (Power to issue bonds, acquire or construct projects and enter revenue agreements--Location of projects.) 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 § 9-54-2 (2026).

Text

For the purposes stated in § 9-54-1 , any municipality may issue revenue bonds, the proceeds of which shall be used only to purchase, construct, reconstruct, acquire sites for, enlarge, improve, or remodel buildings, structures, or equipment, and to enter into revenue agreements as defined in § 9-54-3.1 with any person, firm, limited liability company, corporation, or governmental entity, the projects to be situated in any municipality or its environs without limitation as to distance, providing the governing body of the municipality declares that the project, if in being, would promote the welfare of the municipality.

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Legislative History

SL 1964, ch 148, § 2; SL 1972, ch 45, § 4; SL 1973, ch 59, § 2; SL 1981, ch 77, § 2; SL 1984, ch 43, § 98A; SL 1994, ch 351, § 9.

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Bluebook (online)
South Dakota § 9-54-2, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/9-54-2.