17 chapters · 616 sections in this title.
SDCL § 11-7-1 Definition of terms
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Terms used in this chapter mean: (1) "Area of operation," in the case of a commission created in and for a municipality or county, the area within the territorial boundaries of that municipality or that county; (2) "Bonds," any bonds, including refunding bonds, notes, interim cer…
SDCL § 11-7-10 Filing of resolution activating commission--Resolution conclusive as to powers of commission
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When the resolution becomes finally effective, the clerk of the municipality or the county auditor as applicable shall file such resolution in this office. In any suit, action, or proceeding involving the validity or enforcement of or relating to any contract of a commission, the…
SDCL § 11-7-100 Recital in bond conclusive as to purpose
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In any suit, action, or proceeding involving the validity or enforceability of any bond of a commission or the security therefor, any such bond reciting in substance that it has been issued by the commission to aid in financing a project, as defined in § 11-7-1 , shall be conclus…
SDCL § 11-7-101 Remedies conferred on bondholders by terms of bond
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A commission shall have power by its resolution, trust indenture, mortgage, lease, or other contract to confer upon any obligee holding or representing a specified amount in bonds, the right (in addition to all rights that may otherwise be conferred), upon the happening of an eve…