Reference in bonds to authorizing resolutions--Negotiability

SDCL § 28-18-12 — under FACILITIES FOR CARE OF THE AGED.

SDCL § 28-18-12

Bonds issued pursuant to § 28-18-7 may refer to the authorizing resolution or resolutions for matters not expressed in the bonds, but they shall be negotiable investment securities within the meaning of chapter 57A-8 , notwithstanding any conditions expressed therein or in the resolutions. Source: SL 1963, ch 286 , § 5; SL 1984, ch 43 , § 107. 28-18-13. Repealed by SL 1984, ch 43 , § 131