S.D. Codified Laws § 9-41A-34

Current through the 2024 Legislative Session

Section 9-41A-34 - Encumbrance of property to secure obligations

A municipal power agency may mortgage, pledge, and grant a security interest in any or all of its real and personal property to secure the payment of its bonds, notes, or other obligations or contracts.

SDCL 9-41A-34

SL 1978, ch 66, § 31.