Issuance and sale of bonds--Reference to ordinance for matters not covered in bonds--Negotiability

Bonds shall be issued and sold as provided in chapter 6-8B , except that no election shall be required other than as provided in § 9-51-14 . All bonds may refer to the ordinance 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 ordinance. Source: SL 1955, ch 216 , § 5; SDC Supp 1960, § 45.02A05; SL 1984, ch 43 , § 92.