1-16A-44. Pledge continuing until bonds paid.
57 words·~1 min read·
/sd/title-1/chapter-1-16/1-16a-44A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Each pledge, agreement, lease, indenture, mortgage and deed of trust made for the benefit or security of any of the bonds of the authority shall continue effective until the principal of and interest on the bonds for the benefit of which the same were made shall have been fully paid or provision for such payment duly made.