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Code · South Dakota · Title 9 · Chapter 9-41

9-41A-44. Continuing validity of officers' signatures on bonds and notes--Temporary bonds.

57 words·~1 min read·/sd/title-9/chapter-9-41/9-41a-44

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Any bonds or notes may be issued and delivered, notwithstanding that one or more of the officers executing them shall have ceased to hold office at the time when the bonds or notes are actually delivered. Pending preparation of definitive bonds, a municipal power agency may issue temporary bonds which shall be exchanged for the definitive bonds.
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