2006 South Dakota Code - 6-8B-63 — Determination by governing body on limitations conclusive absent fraud or abuse.

     6-8B-63.   Determination by governing body on limitations conclusive absent fraud or abuse. The determination by a governing body that all of the limitations imposed upon the issuance of a credit enhancement obligation have been met is conclusive in the absence of fraud or arbitrary and gross abuse of discretion.

Source: SL 1992, ch 3, § 12.