The maximum allowable interest rate for bonds issued by a public body may be whatever rate the governing body prescribes. Source: SL 1984, ch 43 , § 12.
Interest rate
SDCL § 6-8B-12 — under BONDS OF LOCAL PUBLIC BODIES.
SDCL § 6-8B-12
SDCL § 6-8B-12 — under BONDS OF LOCAL PUBLIC BODIES.
SDCL § 6-8B-12
The maximum allowable interest rate for bonds issued by a public body may be whatever rate the governing body prescribes. Source: SL 1984, ch 43 , § 12.