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2013 South Dakota Codified Laws
Title 49 - PUBLIC UTILITIES AND CARRIERS
Chapter 17A - Regional Railroad Authorities
§ 49-17A-24 Covenant to levy taxes until bonds paid.


SD Codified L § 49-17A-24 (2013) What's This?

49-17A-24. Covenant to levy taxes until bonds paid. Prior to the issuance of bonds, the authority may by resolution covenant and agree that the total amount of such taxes authorized or any portion thereof will be certified, levied, and deposited annually as herein provided, until the bonds and interest thereon are fully paid.

Source: SL 1978, ch 344, § 22.

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