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Code · South Dakota · Title 9 · Chapter 9-54

9-54-2.2. Restriction on use of bonds for elderly housing projects.

30 words·~1 min read·/sd/title-9/chapter-9-54/9-54-2-2

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Any housing for the elderly financed by revenue bonds shall be operated by either a nonprofit corporation or a corporation wholly owned, either directly or indirectly, by a nonprofit corporation.
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