There is a newer version of the South Dakota Codified Laws
2011 South Dakota Code
Title 1 STATE AFFAIRS AND GOVERNMENT
Chapter 16A. Health and Educational Facilities Authority
§1-16A-48 Additional bonds for facilities or HEAL loans--Protection of prior bondholders.
SD Codified L § 1-16A-48 (through 2011) What's This?
1-16A-48. Additional bonds for facilities or HEAL loans--Protection of prior bondholders. Issuance by the authority of one or more series of bonds for one or more purposes shall not preclude it from issuing other bonds in connection with the same facilities or HEAL loans or any other facilities or HEAL loans or any other purpose hereunder, but the resolutions or trust indenture whereunder any subsequent bonds may be issued shall recognize and protect any prior pledge or mortgage made for any prior issue of bonds.
Source: SL 1972, ch 10, § 11; SL 1982, ch 10, § 10.
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