Statutes, codes, and regulations
South Dakota Codified Laws
Title 9 - MUNICIPAL GOVERNMENT
Chapter 51 - MUNICIPAL PARKING FACILITIES
Section 9-51-16 - Issuance and sale of bonds-Reference to ordinance for matters not covered in bonds-Negotiability

S.D. Codified Laws § 9-51-16

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Current through the 2024 Legislative Session
Section 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.

SDCL 9-51-16

SL 1955, ch 216, § 5; SDC Supp 1960, § 45.02A05; SL 1984, ch 43, § 92.