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Code · South Dakota · Title 1 · Chapter 1-16

1-16B-22. Issuance of refunding obligations--Terms governed by chapter.

92 words·~1 min read·/sd/title-1/chapter-1-16/1-16b-22·

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The authority may issue refunding obligations to retire outstanding obligations which have been issued under the provisions of this chapter, including any redemption premium and interest accrued or which will accrue by the date of redemption or for any corporate purpose of the authority. The issuance of refunding obligations, the maturities and other details thereof, the rights of holders thereof, and the rights, duties, and obligations of the authority in respect to the same shall be governed by the provisions of this chapter which relate to the issuance of obligations where appropriate.
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