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2019 South Dakota Codified Laws
Title 49 - Public Utilities and Carriers
Chapter 16B - South Dakota Railroad Authority
- § 49-16B-1 Legislative declarations--Public participation in railroad ownership and operation.
- § 49-16B-2 Definitions of terms.
- § 49-16B-3 Railroad authority created--Members.
- § 49-16B-4 Authority attached to bureau of finance and management for reporting purposes--Exercise of functions.
- § 49-16B-5 Repealed.
- § 49-16B-6 Oath and bond of members.
- § 49-16B-7 Per diem and expenses.
- § 49-16B-8 Agents and employees.
- § 49-16B-9 Seal.
- § 49-16B-10 Projects authority may undertake.
- § 49-16B-11 Report to legislature recommending projects.
- § 49-16B-12 Transfer of jurisdiction or property to authority--Governor's approval.
- § 49-16B-13 Acquisition of property--Construction and maintenance of railroad facilities.
- § 49-16B-13.1 Approval of expenditures by railroad board and Governor.
- § 49-16B-13.2 Maintenance of public railroad property by Department of Transportation.
- § 49-16B-14 Department of Transportation's powers as to projects.
- § 49-16B-15 Lease of facilities and sites.
- § 49-16B-16 Lease terms, conditions and rentals.
- § 49-16B-17 Leases to contain option to purchase--Purchase price.
- § 49-16B-18 Lease provisions for lessee's payment of taxes, insurance and other costs.
- § 49-16B-19 Leases to Department of Transportation--Rents payable solely from appropriations--Amount.
- § 49-16B-20 Nonpayment of rent--Maintenance, operation, or lease of facilities.
- § 49-16B-21 Rental and charges for facilities leased to other than Department of Transportation--Conveyance at conclusion.
- § 49-16B-22 Tax exempt status of authority's property.
- § 49-16B-23 Negotiable revenue bonds--Resolution for issuance--Legislative approval.
- § 49-16B-24 Borrowing money and issuing bonds authorized--Refunding and refinancing--Pledge of income and revenues.
- § 49-16B-25 Bonds and notes--Resolution--Issuance--Terms.
- § 49-16B-26 Bonds--Repayment from lease income and revenues from facilities financed.
- § 49-16B-27 Bonds--Execution and registration--Officers' signatures.
- § 49-16B-28 Bonds--Statements on face.
- § 49-16B-29 Obligation of state not authorized.
- § 49-16B-30 Contract with holders--Enforcement.
- § 49-16B-31 Interim notes--Purposes for which authorized.
- § 49-16B-32 Interim notes--Issuance pursuant to resolution--Contents of resolution--Extending maturity date.
- § 49-16B-33 Interim notes--Registration--Issuance.
- § 49-16B-34 Interim notes--Interest--Redemption by authority.
- § 49-16B-35 Interim notes--Execution--Attestation--Seal.
- § 49-16B-36 Interim notes--Secured by pledge--Repayment from sale of revenue bonds and property acquired.
- § 49-16B-37 Interim notes--Additional security for payment.
- § 49-16B-38 Interim notes not indebtedness within constitutional or statutory limitations.
- § 49-16B-39 Payment of interim notes contemporaneously with issue of revenue bonds or escrow of bond proceeds for future repayment.
- § 49-16B-40 Interim notes--No personal liability.
- § 49-16B-41 Income of authority--Payment to state treasurer or trustee--Railroad authority fund--Disbursements.
- § 49-16B-42 Authority to account for income--Disbursements from accounts in fund.
- § 49-16B-43 Conveyance of property to state by authority.
- § 49-16B-44 Record of lease rental payments--Conveyance of property to state upon receipt of sufficient rentals to pay bonds.
- § 49-16B-45 Repealed.
- § 49-16B-46 Contract power of authority.
- § 49-16B-47 Bylaws, rules and regulations of authority.
- § 49-16B-48 to 49-16B-68. Repealed.
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