2015 South Dakota Codified Laws
Title 11 - PLANNING, ZONING AND HOUSING PROGRAMS
Chapter 11 - South Dakota Housing Development Authority
§ 11-11-42 Financing, reserves, and incidental costs included in amounts borrowed.

SD Codified L § 11-11-42 (2015) What's This?

11-11-42. Financing, reserves, and incidental costs included in amounts borrowed.

The authority may include in any borrowing such amounts as may be deemed necessary by the authority to establish reserves and to pay financing charges, interest on the obligations for a period not exceeding three years from their date, consultant advisory and legal fees, and such other expenses as are necessary or incident to such borrowing.

Source: SL 1973, ch 180, § 12 (18); SDCL Supp, § 28-19-38; SL 1974, ch 195, § 2; SL 2012, ch 78, § 23.

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