28-18-12. Reference in bonds to authorizing resolutions--Negotiability.
44 words·~1 min read·
/sd/title-28/chapter-28-18/28-18-12·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Bonds issued pursuant to § 28-18-7 may refer to the authorizing resolution or resolutions 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 resolutions.