There is a newer version of the South Dakota Codified Laws
2012 South Dakota Codified Laws
Title 9 MUNICIPAL GOVERNMENT
Chapter 54. Economic Development Projects
- §9-54-1 Purpose of chapter.
- §9-54-2 Power to issue bonds, acquire or construct projects and enter revenue agreements--Location of projects.
- §9-54-2.1 Power to issue revenue bonds, purchase or discharge debt of nonprofit corporation operating health care or housing facility and enter revenue agreements--Location of project.
- §9-54-2.2 Restriction on use of bonds for elderly housing projects.
- §9-54-3 "Revenue bonds" defined.
- §9-54-3.1 "Revenue agreement" defined.
- §9-54-4 Costs to be covered by bonds--Authorization, issuance and sale of bonds.
- §9-54-5 Amount of bond issue limited by costs.
- §9-54-6 Bonds not general obligations nor payable by taxation--Recitals in bonds.
- §9-54-7 Mortgage of project and pledge of revenues to payment of bonds--Trust funds--Other covenants and agreements.
- §9-54-8 Lease or sale payments sufficient to pay bonds and costs--Payments in lieu of property taxes.
- §9-54-8.1 Lease with option to purchase--Title acquired before bonds retired--Pledge for payment of bonds.
- §9-54-9 Municipal obligations restricted by contractual payments from facilities.
- §9-54-10 County and sanitary district powers.
- §9-54-11 Municipal joint or cooperative agreements.
- §9-54-12 Compliance with federal requirements for tax exemption.
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