Statutes, codes, and regulations
South Dakota Codified Laws
Title 9 - MUNICIPAL GOVERNMENT
Chapter 40 - UTILITY FACILITIES AND REVENUE BONDS
Section 9-40-11 - Ordinance provisions for utility operation and security of bondholders

S.D. Codified Laws § 9-40-11

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Current through the 2024 Legislative Session
Section 9-40-11 - Ordinance provisions for utility operation and security of bondholders

A municipality acquiring, adding to, improving, or extending any utility under the provisions of this chapter 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 the governing body may deem necessary.

SDCL 9-40-11

SL 1931, ch 194, § 17; SDC 1939, § 45.2416; SL 1949, ch 191, § 8.