South Dakota 14 — Petroleum Environmental Compliance Authority
- 34A-14-1 — Establishment of public authority to issue revenue bonds and make loans--Powers--Immediate funding and completion of capital investments.
- 34A-14-2 — Definition of terms.
- 34A-14-3 — Creation of Petroleum Environmental Compliance Authority.
- 34A-14-4 — Members of board of directors of authority--Appointment.
- 34A-14-5 — Quorum of board--Vote by majority.
- 34A-14-6 — Powers of authority.
- 34A-14-7 — Additional powers of authority to make loans and investments.
- 34A-14-8 — Additional powers of authority to borrow funds and issue bonds.
- 34A-14-9 — Bonds payable solely out of authority's revenue--Exception--Inspection fee--Additional security.
- 34A-14-10 — Obligations payable solely from revenue and assets of authority--Statement on face--Authority revenue bonds not general obligations of state.
- 34A-14-11 — Bonds--Authorization and maturation--Application of other state laws--Sale.
- 34A-14-12 — Lien of pledge made by authority--Validity--Recording of pledge not required.
- 34A-14-13 — Purchase and canceling of bonds, loans, or other obligations by authority--Reasonable price.
- 34A-14-14 — Security of bonds by trust indenture or other agreement--Protecting and enforcingrights of bondholders--Payment and disbursement--Expenses.
- 34A-14-15 — Bonds deemed negotiable instruments.
- 34A-14-16 — Validity of signature of board member or officer leaving position prior to delivery.
- 34A-14-17 — Persons executing bonds not personally liable.
- 34A-14-18 — Pledge and agreement of state not to limit rights of authority or bondholders untilbonds discharged.
- 34A-14-19 — Conflict of interest by member or employee of authority--Disclosure--Participationprohibited--Office in or ownership of organization not deemed interest--Exceptions.
- 34A-14-20 — Payment of tax on property owned by authority not required--Obligations free fromtaxation.
- 34A-14-21 — Bonds and notes of authority made securities subject to investment and deposit.
- 34A-14-22 — Provisions controlling.
- 34A-14-23 — Liberal construction.
- 34A-14-24 — Remaining assets of dissolved authority inure to benefit of state.
- 34A-14-25 — Authority to issue bonds and pledge security--Request of pledge from transportationsecretary.
- 34A-14-26 — Report--Deadline for submission--Contents.
- 34A-14-27 — Short title.