2020 South Dakota Codified Laws
Title 6 - Local Government Generally
Chapter 08B - Bonds of Local Public Bodies
Section 6-8B-49 - Purchaser not responsible for application of proceeds.

6-8B-49. Purchaser not responsible for application of proceeds.

No purchaser of any refunding bond is responsible for the application of the proceeds thereof by the issuer or any of its officers, agents, or employees.

Source: SL 1974, ch 54, §10; SDCL Supp, §6-8A-27; SL 1984, ch 43, §47.

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