South Dakota

11-11-1. Legislative findings.

11-11-2. Declaration of necessity for development authority.

11-11-3. Powers necessary for development authority.

11-11-4. Declaration of public purposes and public interest.

11-11-5. Definition of terms.

11-11-5.1. Repealed by SL 2012, ch 78, § 2.

11-11-6. Developments and projects subject to chapter.

11-11-7. Sponsors eligible under chapter.

11-11-8. 11-11-8. Repealed by SL 1983, ch 106, § 4G

11-11-9. Costs covered by chapter.

11-11-10. Development authority established--Administrator of federal housing program.

11-11-11. Reporting to Governor's Office of Economic Development.

11-11-12. Appointment of commissioners--Political affiliations.

11-11-13. State officers and employees eligible as commissioners.

11-11-14. Corporate officers and employees eligible as commissioners--Abstention on conflict of interests.

11-11-15. Terms of office of commissioners--Vacancy--Restrictions on reappointment.

11-11-16. Surety bonds of commissioners and executive director--Blanket bond--Payment of cost.

11-11-17. Removal of commissioner from office.

11-11-18. Officers of commissioners.

11-11-19. Meetings of commissioners--Quorum--Majority required for action.

11-11-20. Compensation of commissioners.

11-11-21. Executive director--Appointment and duties--Other personnel.

11-11-22. Salaries.

11-11-23. Benefits of state employees provided.

11-11-24. Records maintained by secretary--Certified copies--Publication of resolutions.

11-11-25. Powers of local commissions conferred upon authority--Approval by local governing body required--Cooperation with local commissions.

11-11-26. Power to carry out chapter.

11-11-27. Power to sue and be sued--Seal--Perpetual succession--Office.

11-11-28. Consolidation of processing for developments and projects.

11-11-29. Policy favoring private business firms.

11-11-30. Bylaws, rules, and regulations.

11-11-31. Research and development.

11-11-32. Repealed by SL 2012, ch 78, § 15.

11-11-33. Advice and technical assistance to developments, projects and residents.

11-11-34. Cooperation with federal and other governmental agencies.

11-11-35. Repealed by SL 2012, ch 78, § 18.

11-11-36. Execution of necessary instruments.

11-11-37. Acceptance of legislative appropriations--Purposes to which applied.

11-11-38. Annual informational budget required--Inclusion in Governor's budget report.

11-11-39. Acceptance of grants and contributions--Purposes to which applied.

11-11-40. Residual powers of authority.

11-11-41. Power to borrow and issue evidence of indebtedness.

11-11-42. Financing, reserves, and incidental costs included in amounts borrowed.

11-11-43. Issuance of notes and bonds--Purposes for which used.

11-11-44. Repealed by SL 2012, ch 78, § 24.

11-11-45. Qualified private activity bonds--Maximum aggregate principal amount.

11-11-46. 11-11-46. Repealed by SL 1991, ch 116, § 1

11-11-47. Authority as state issuing agency and housing credit agency.

11-11-48. Compliance with federal conditions for qualified mortgage bonds.

11-11-49. Public debt not created by authority obligations--Statement on face of obligations.

11-11-50. Refunding of notes and bonds.

11-11-51. Consent of other public agencies not required for bonds or notes--Procedural requirements of other laws not applicable.

11-11-52. Terms of notes and bonds--Maturity--Form of instruments--Interest--Redemption--Sale.

11-11-53. Notes and bonds as general obligations of authority--Exception.

11-11-54. Bond resolution provisions--Contracts with bondholders.

11-11-55. Repealed by SL 2012, ch 78, §§ 30 to 39.

11-11-65. Trust indenture to secure bonds--Contents--Expenses of trust indenture--Separate trustee not authorized.

11-11-66. Pledge binding when made--Attachment of lien.

11-11-67. Continuing validity of signatures by commissioners or officers.

11-11-68. Repealed by SL 2012, ch 78, § 41.

11-11-69. Purpose of capital reserve fund requirements.

11-11-70. Establishment of capital reserve funds--Moneys paid into funds.

11-11-71. Amount required in capital reserve fund for each year.

11-11-72. Valuation of securities held by capital reserve funds.

11-11-73. Transfer to other funds of capital reserve fund income.

11-11-74. Purposes to which moneys in reserve funds applied--Maintenance of required amount.

11-11-75. Deposit in reserve fund of bond proceeds necessary to maintain required amount.

11-11-76. Annual budget estimate for restoration of capital reserve fund--Governor's budget--Deposit of appropriated funds.

11-11-77. Other funds created by authority.

11-11-78. Purchase of authority's own bonds--Cancellation--Resale.

11-11-79. Price of bonds repurchased for cancellation.

11-11-80. Refunding obligations authorized--Application of provisions applicable to original obligations.

11-11-81. Sale or exchange of refunding obligations--Investment of proceeds pending redemption of original obligations.

11-11-82. Compliance with certain other state laws not required.

11-11-83. Appointment of trustee by bondholders after authority default.

11-11-84. Enforcement of bondholders' rights.

11-11-85. Repealed by SL 2012, ch 78, §§ 48 to 53.

11-11-91. Circuit court jurisdiction of proceedings by trustee.

11-11-92. Repealed by SL 2012, ch 78, § 55.

11-11-93. State pledge to bondholders.

11-11-94. Commissioners and executive director not personally liable.

11-11-95. Negotiability of bonds.

11-11-96. Securities regulation--Bonds treated as securities of state instrumentality.

11-11-97. Bonds as legal investments for financial institutions and fiduciaries.

11-11-97.1. Authority may contract to manage payment or interest rate risk for bonds.

11-11-98. Investment of authority funds.

11-11-99. Repealed by SL 2012, ch 78, § 61.

11-11-100. Acquisition and disposition of property.

11-11-101. Exemption of authority from taxes, recording fees and transfer taxes.

11-11-102. Contracts--Mortgage loans--Foreclosure.

11-11-103. Repealed by SL 2012, ch 78, §§ 64 to 69.

11-11-109. 11-11-109. Repealed by SL 1983, ch 106, § 4L

11-11-110. Repealed by SL 2012, ch 78, §§ 70 to 72.

11-11-113. 11-11-113. Repealed by SL 1983, ch 106, § 4P

11-11-114. Confidentiality of applications and financial information.

11-11-115. Applications--Signatures and certification required--Perjury.

11-11-116. Repealed by SL 2012, ch 78, § 73.

11-11-117. Construction to be substantially completed, or final insurance or guarantee certificate issued before loan disbursed.

11-11-118. Additional lending powers of authority.

11-11-119. Purchase of mortgages from mortgage lenders.

11-11-120. Purchase of securities from mortgage lenders.

11-11-121. Repealed by SL 2012, ch 78, § 75.

11-11-122. Loans to mortgage lenders for new residential mortgages.

11-11-123. Requirements for transactions with mortgage lenders.

11-11-124. Eligibility of obligations purchased from mortgage lenders for purchase or purchase commitment--Criteria.

11-11-125. 11-11-125. Repealed by SL 1983, ch 106, § 4V

11-11-126. Repealed by SL 2012, ch 78, §§ 77 to 84.

11-11-134. Purchase of federally insured housing mortgages.

11-11-135. Sale or transfer of mortgage loan or obligation.

11-11-136. Repealed by SL 2012, ch 78, § 87.

11-11-137. Court actions to enforce loans or protect the public interest--Foreclosure.

11-11-138. Receiver appointed to safeguard authority's loan.

11-11-139. Reorganization of housing sponsor subject to control by authority.

11-11-140. Notice to authority before sale of real property on judgment against housing sponsor--Protective steps taken by authority.

11-11-141. Promulgation of rules regarding borrowers, admission of occupants, and ancillary commercial facilities.

11-11-142. Repealed by SL 2012, ch 78, §§ 90, 91.

11-11-144. Provisions governing loans and other financing to sponsors of multifamily units and day-care facilities.

11-11-145. Repealed by SL 2012, ch 78, §§ 92 to 95.

11-11-148. Loans restricted to sponsors meeting statutory definition.

11-11-149. Amount and amortization period of FHA loans.

11-11-150. Amount and amortization of non-FHA loans.

11-11-151. Terms and form of loans or other financing--Investment in multifamily residential housing projects and day-care facilities.

11-11-152. Interest rates on which loans made--Additional charges.

11-11-153. 11-11-153. Repealed by SL 1983, ch 106, § 4CC

11-11-154. Repealed by SL 2012, ch 78, § 97.

11-11-155. Surety bonds and other assurances of payment and performance.

11-11-156. Repealed by SL 2012, ch 78, §§ 99 to 103.

11-11-161. Conditions of mortgage loan or other financing.

11-11-162. Repealed by SL 2012, ch 78, § 105.

11-11-163. Supervision of multifamily residential housing units and day-care facilities.

11-11-164. Repealed by SL 2012, ch 78, §§ 107 to 109.

11-11-167. 11-11-167. Repealed by SL 1983, ch 106, § 4EE

11-11-168. Repealed by SL 2012, ch 78, §§ 110, 111.

11-11-170. 11-11-170 to 11-11-174. Repealed by SL 1983, ch 106, §§ 4GG to 4KK

11-11-175. Repealed by SL 2012, ch 78, §§ 112 to 115.

11-11-179. Retirement and redemption of investments in sponsor of multifamily units and day-care facilities.

11-11-180. General power to make rules and regulations.

11-11-181. Annual report by authority to Governor and Legislature.

11-11-182. Annual audit of authority.

11-11-183. Chapter cumulative and supplemental to other laws.

11-11-184. Chapter controlling over other laws.

11-11-185. Citation of chapter.

11-11-186. Repealed by SL 2012, ch 78, §§ 117 to 119.

11-11-189. 11-11-189. Repealed by SL 1992, ch 105, § 5