Statutes, codes, and regulations
South Dakota Codified Laws
Title 1 - STATE AFFAIRS AND GOVERNMENT
Chapter 16B - ECONOMIC DEVELOPMENT FINANCE AUTHORITY
Section 1-16B-17 - Notes and bonds as general obligations of authority-Funds from which payable

S.D. Codified Laws § 1-16B-17

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Current through the 2024 Legislative Session
Section 1-16B-17 - Notes and bonds as general obligations of authority-Funds from which payable

Except as may otherwise be expressly provided by resolution of the authority, every issue of its notes and bonds shall be general obligations of the authority payable out of any revenues or moneys of the authority, subject only to any agreements with the holders of particular notes or bonds pledging any particular revenues.

SDCL 1-16B-17

SL 1978, ch 9, § 11.