South Dakota
Title 49 · Chapter 49-39
13 entries
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49-39-1. Authority to borrow--Funds available for repayment--Security for loan.
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49-39-2. Pledging revenues as security for borrowing.
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49-39-3. Resolution specifying particular revenues pledged.
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49-39-4. Refunding of indebtedness--Issuance of refunding securities--Disposition of proceeds.
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49-39-5. Payment of pledged revenues into special fund--Use of revenues--Designation of depository.
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49-39-6. Sale of bonds.
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49-39-6.1. Issuance of variable rate obligations--Authorization by resolution--Scope.
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49-39-6.2. Enhancement of security for variable rate obligations--Credit agreements--Payment of costs.
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49-39-7. Agreement with bondholders respecting charges for electricity.
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49-39-8. Pledging revenues to secure federal indebtedness--State not liable.
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49-39-9. Default on bonds--Operation of district by creditors--Priority of payment--Restoration of district to control.
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49-39-10. Default on bonds--Court appointment of receiver--Authority of receiver to operate district--Discharge of receiver and return of district to control.
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49-39-11. Pledges of revenues and refunding securities--Validation--Retroactive application.