S.D. Codified Laws § 28-18-12

Current through the 2024 Legislative Session
Section 28-18-12 - Reference in bonds to authorizing resolutions-Negotiability

Bonds issued pursuant to § 28-18-7 may refer to the authorizing resolution or resolutions for matters not expressed in the bonds, but they shall be negotiable investment securities within the meaning of chapter 57A-8, notwithstanding any conditions expressed therein or in the resolutions.

SDCL 28-18-12

SL 1963, ch 286, § 5; SL 1984, ch 43, § 107.