There is a newer version of the South Dakota Codified Laws
2011 South Dakota Code
Title 49 PUBLIC UTILITIES AND CARRIERS
Chapter 39. Consumers Power District Borrowing And Indebtedness
§49-39-6 Sale of bonds.
SD Codified L § 49-39-6 (through 2011) What's This?
49-39-6. Sale of bonds. All bonds of any consumers power district, whether issued to incur new indebtedness, or to refund or refinance existing indebtedness, shall be sold or negotiated for the benefit of the district by the directors in such manner as to them shall appear to be for the advantage, benefit and best interest of the district.
Source: SL 1950 (SS), ch 17, § 50; SDC Supp 1960, § 52.1750; SL 1989, ch 403, § 27.
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