11-7-39. Power to obtain federal or state guaranty of bonds--Premiums.
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/sd/title-11/chapter-11-7/11-7-39A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A commission shall have further power to procure or agree to the procurement of federal or state government insurance or guaranties of the payment of any bonds or parts thereof issued by a commission, including the power to pay premiums on such insurance or guaranties.