Recording not required for bond protection.

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46A-1-43. Recording not required for bond protection.

Neither the resolution authorizing the bonds nor any financing statement or other instrument or document need be filed or recorded in any public records in order to perfect the lien on the pledge of the revenues to pay the bonds as against third parties.

Source: SL 1972, ch 241, §42; SDCL Supp, §46-17A-41.


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