There is a newer version of the South Dakota Codified Laws
2012 South Dakota Codified Laws
Title 46A WATER MANAGEMENT
Chapter 07A. Cendak Irrigation District
§46A-7A-92 Revenue bonds--Vote required to issue--Approval by state board.
SD Codified L § 46A-7A-92 (through 2012) What's This?
46A-7A-92. Revenue bonds--Vote required to issue--Approval by state board. The board, by resolution approved by three-quarters of the directors, may decide to issue revenue bonds to obtain funds for any lawful purpose of the district, including repayment of indebtedness of the district or payment on contracts with the United States. However, no revenue bonds may be issued or sold until issuance has been approved by the state board.
Source: SL 1985, ch 360, § 92.
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