Payment of purchase price by issuance of bonds.

Checkout our iOS App for a better way to browser and research.

9-40-22. Payment of purchase price by issuance of bonds.

Any contract for the purchase, construction, or acquisition of a utility may provide that payment therefor shall be made in revenue bonds issued pursuant to this chapter.

Source: SL 1931, ch 194, §5; SDC 1939, §45.2405; SL 1982, ch 75, §8; SL 1984, ch 43, §80.


Download our app to see the most-to-date content.