2012 South Dakota Codified Laws
Title 46A WATER MANAGEMENT
Chapter 07A. Cendak Irrigation District
§46A-7A-100 Proceedings by shareholders to protect rights and enforce duties.


SD Codified L § 46A-7A-100 (through 2012) What's This?


46A-7A-100. Proceedings by shareholders to protect rights and enforce duties. Except as otherwise provided in any resolution authorizing issuance of revenue bonds, the holder of any revenue bond, by mandamus or other appropriate proceeding, may require performance of any of the duties imposed upon the board or upon any officer or employee of the district in connection with collection, deposit, investment, application, or disbursement of any revenues pledged for the security of the bonds or in connection with any covenants contained in the resolution authorizing issuance of the bonds. The enumeration of such rights and remedies does not, however, exclude exercise of any other rights or remedies available to the holders of revenue bonds.

Source: SL 1985, ch 360, § 100.

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