2020 South Dakota Codified Laws
Title 9 - Municipal Government
Chapter 41 - Municipal Telephone Systems
Section 9-41-4 - Ordinance provisions for operation of system and security of bondholders.

Universal Citation: SD Codified L § 9-41-4 (2020)

9-41-4. Ordinance provisions for operation of system and security of bondholders.

A municipality so improving, expanding, or reconstructing its telephone lines or facilities may provide by ordinance or resolution duly adopted by its governing body any such lawful provisions and stipulations for the proper operation and maintenance thereof, the administration of the income and revenues, and for the security of the bondholders as a governing body may deem necessary.

Source: SL 1953, ch 275, §7; SDC Supp 1960, §45.24C07.

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