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2023 South Dakota Codified Laws
Title 9 - Municipal Government
Chapter 41A - Municipal Power Agencies
Section 9-41A-44 - Continuing validity of officers' signatures on bonds and notes--Temporary bonds.
Universal Citation:
SD Codified L § 9-41A-44 (2023)
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9-41A-44. Continuing validity of officers' signatures on bonds and notes--Temporary bonds.
Any bonds or notes may be issued and delivered, notwithstanding that one or more of the officers executing them shall have ceased to hold office at the time when the bonds or notes are actually delivered. Pending preparation of definitive bonds, a municipal power agency may issue temporary bonds which shall be exchanged for the definitive bonds.
Source: SL 1978, ch 66, ยง38.
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