Airport Revenue Bonds

  1. Law
  2. South Dakota Codified Laws
  3. Local Government Generally
  4. Airport Revenue Bonds

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Section
6-20-1

Local government airport improvement contracts--Authorization, issuance, and sale of revenue bonds.

Section
6-20-2

Contents of authorizing resolution or ordinance.

Section
6-20-3

Adoption of resolution by airport board--Approval by governing body.

Section
6-20-4

Minimum revenues for issuance of bonds--Items includable in estimated future revenues.

Section
6-20-5

Funds available for payment of bonds--Pledge of revenue from future facilities.

Section
6-20-6

Revenues available for operation and maintenance of airport--Taxing power not used to liquidate bonds--Exceptions.

Section
6-20-7

Covenants respecting operation and maintenance of airport.

Section
6-20-8

Default in payment of bonds--Mismanagement of airport--Appointment of receiver for payment of bonds--Restoration of airport to local control.