Repealed by SL 1995, ch 4 , § 1

SDCL § 1-16B-51 — under ECONOMIC DEVELOPMENT FINANCE AUTHORITY.

SDCL § 1-16B-51

1-16B-52 Issuance of bonds and obligations--Additional proceedings not required--Transferred rights, powers, privileges, and functions supplementary--Liberal construction. 1-16B-53 Preferred development project defined. 1-16B-54 Direct mortgage loans for preferred development projects. 1-16B-55 Authority may contract to manage payment or interest rate risk for bonds. 1-16B-56 Value Added Finance Authority Abolished--Duties and responsibilities transferred--Economic Development Finance Authority and Board of Economic Development. 1-16B-57 Duties and goals--Agricultural production. 1-16B-58 Lending power of authority. 1-16B-59 Bond authorization, terms, and sale--Interest rate--Noninterest-bearing bonds. 1-16B-60 Pledges by authority. 1-16B-61 Redemption of bonds. 1-16B-62 Trust indenture securing authority bonds. 1-16B-63 Proceeds of bonds--Investments. 1-16B-64 Bonds as negotiable instruments. 1-16B-65 Execution of bonds--Seal. 1-16B-66 Immunity from personal liability on bonds. 1-16B-67 Conflict of interest --Disclosure--Participation in transaction. 1-16B-68 Tax exemption--Filing fee exemption. 1-16B-69 Bonds as authorized investments and securities for deposits. 1-16B-70 Promulgation of rules. 1-16B-71 Liberal construction of chapter. 1-16B-72 Disposition of authority assets on dissolution. 1-16B-73 Compliance with Internal Revenue Code.