South Dakota 40 — Utility Facilities And Revenue Bonds
- 9-40-1 — Municipal power to acquire and operate utility systems--Types of servicesprovided--Limits of service area.
- 9-40-2 — Systems defined as utilities.
- 9-40-3 — Combining of systems and services into single utility system.
- 9-40-4 — Utility facilities outside municipal limits.
- 9-40-4.1 — Water pollution prevention contracts.
- 9-40-4.2 — Financial aid for sewerage and water facility systems--Federal contracts.
- 9-40-4.3 — Contracts and creation of body for operation of sewerage and water facilitysystems.
- 9-40-5 — Bond issue for erection or acquisition of utility--Credit of municipality notused--Authorization--Issuance--Sale.
- 9-40-6 — Revenue bond issue for extension or improvement of utility.
- 9-40-7 — Additional revenue bonds authorized when original issue insufficient--Priorityof issues.
- 9-40-8 — Provision for additional bond issues of equal standing.
- 9-40-9 — Provision for extension or improvement of utility by additional bond issue--Junior to prior issues.
- 9-40-10 — Resolution or ordinance to refer to chapter--Purchase price for utility to bespecified.
- 9-40-11 — Ordinance provisions for utility operation and security of bondholders.
- 9-40-12 — to 9-40-14. Repealed.
- 9-40-15 — Bonds payable from revenue--Circumstances not requiring election.
- 9-40-15.1 — Collection of charges for sewerage, water services, and drainage basin utilitydistricts--Amount and basis of charges--Surcharge on water bills.
- 9-40-16 — Pledge of revenue to separate fund--Separate account for bond payments andreserve--Depreciation account and operational costs.
- 9-40-17 — Revenue pledged to payment of extension and improvement bonds--Priorpledge for original bond issue.
- 9-40-18 — Taxing power not used for payment of revenue bonds--Restriction on use ofother municipal funds.
- 9-40-19 — Chapter and resolution or ordinance incorporated in terms of bonds.
- 9-40-20 — Repealed.
- 9-40-21 — Separate or combined acquisition of utilities--Purchase price.
- 9-40-22 — Payment of purchase price by issuance of bonds.
- 9-40-23 — Bonds set apart for payment of underlying debt--Income set aside for debtretirement.
- 9-40-24 — Exchange of bonds for underlying debt--Application of proceeds to debt.
- 9-40-25 — Bondholders' statutory mortgage on utility--Disposition of utility prohibiteduntil bonds retired.
- 9-40-26 — Statutory lien continued until bonds paid.
- 9-40-27 — Enforcement by bondholders of statutory mortgage and requirements ofchapter.
- 9-40-28 — Rates to cover bond retirement and operational costs.
- 9-40-29 — Municipality to pay for services rendered by utility.
- 9-40-30 — Surplus transferred to depreciation account.
- 9-40-31 — Expenditures from depreciation account--Investment of accumulations.
- 9-40-32 — Surplus applied to other municipal or public purposes.
- 9-40-33 — Receivership on default or mismanagement--Powers of receiver.
- 9-40-34 — Judicial approval of rates charged during receivership--Criteria forestablishment of rates.
- 9-40-35 — Termination of receivership and restoration of municipal control.
- 9-40-36 — Repealed.
- 9-40-37 — Sale and lease-back arrangements for waterworks and waste disposal facilities.
- 9-40-38 — Sale of waterworks and waste disposal facilities--Conditions.
- 9-40-39 — Tax exemption of waterworks and waste disposal facilities.
- 9-40-40 — Sale and lease-back powers additional--Restrictions.