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2020 South Dakota Codified Laws
Title 6 - Local Government Generally
Chapter 08B - Bonds of Local Public Bodies
Section 6-8B-35 - Maximum amount of refunding bonds.
Universal Citation: SD Codified L § 6-8B-35 (2020)
6-8B-35. Maximum amount of refunding bonds.
The principal amount of the refunding bonds may not exceed the amount necessary to retire the refunded bonds with interest, pursuant to §6-8B-46, or, as to crossover refunding bonds, pursuant to §§6-8B-53 and 6-8B-54, plus any costs or expenses associated with the refunding and the issuance of the refunding bonds.
Source: SL 1974, ch 54, §5; SDCL Supp, §6-8A-8; SL 1984, ch 43, §30; SL 1987, ch 66, §3.
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