Terms of interim notes

Any resolution authorizing the issuance of such notes shall specify the principal amount, rate of interest and maturity date, but not to exceed five years from date of issue, and such other terms as may be specified in such resolution. Source: SL 1972, ch 241 , § 26; SDCL Supp, § 46-17A-24 ; SL 1986, ch 367 .