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28 chapters · 277 sections in this title.
SDCL § 28-18-17.1 Lease - purchase agreements authorized--Pledge of facility and net earnings to payment of bonds and interest
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The governing body of each municipality shall have the power to enter into lease - purchase agreements for a term not to exceed the maturity of the bonds issued under § 28-18-7 by ordinance with any person, firm, or corporation for such facilities. Such lease - purchase agreement…
SDCL § 28-18-18 Operational expenses paid from special fund--Appropriations for payment of bonds
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From the fund created pursuant to § 28-18-14 shall be paid as incurred and allowed all normal, reasonable, and current expenses of the operation and maintenance of the facilities, and the revenues remaining in said fund from time to time after payment of such expenses shall be ap…
SDCL § 28-18-19 Findings and determinations binding on municipality
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The findings and determinations authorized in §§ 28-18-7 to 28-18-18 , inclusive, shall constitute binding representations, recitals, and covenants of each municipality issuing revenue bonds hereunder to and with the purchasers and holders of all such bonds. Source: SL 1963, ch 2…
SDCL § 28-18-2 Area of operation of nonprofit corporation--Control by board of directors
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Such nonprofit corporations may operate over an area of one or more counties. Direction and control of such corporations shall be exercised by a board of directors, selected as provided by law for such corporations. Source: SL 1953, ch 302 , § 1; SDC Supp 1960, § 27.1209.
