™Your Policy Risk Impact Agent
88 chapters · 1,501 sections in this title.
SDCL § 1-16B-52 Issuance of bonds and obligations--Additional proceedings not required--Transferred rights, powers, privileges, and functions supplementary--Liberal construction
1.2K chars
No additional proceedings, referendum, notice or approval is required as a result of §§ 1-16B-50 to 1-16B-52 , inclusive, for the issuance of bonds or other obligations or any instrument as security therefor. The rights, powers, authority, privileges, functions, and other propert…
SDCL § 1-16B-53 Preferred development project defined
0.4K chars
The term, preferred development project, as used in this chapter, means any site, structure, facility, service, utility, or undertaking compromising, serving, or being a part of any industrial or agricultural or nonagricultural products, storage, distribution, or manufacturing en…
SDCL § 1-16B-54 Direct mortgage loans for preferred development projects
0.7K chars
Notwithstanding any other provision in this chapter, the authority may participate with other parties in the making of direct mortgage loans for capital improvements for preferred development projects. The interest rate and time and rate of amortization for that part of such a mo…
SDCL § 1-16B-55 Authority may contract to manage payment or interest rate risk for bonds
0.6K chars
The authority may enter into any contract that the authority determines necessary or appropriate to manage payment or interest rate risk for bonds issued pursuant to this chapter, the investment of proceeds, or other funds of the authority. The contracts may include: interest rat…
