Auditorium revenue bonds authorized--Purposes for which proceeds used.

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9-52-3. Auditorium revenue bonds authorized--Purposes for which proceeds used.

Any municipality may issue revenue bonds to provide funds for the purpose of acquiring a municipal auditorium, or for the purpose of improving an existing auditorium, or for the purpose of refunding outstanding revenue bonds issued under the provisions of this chapter.

Source: SL 1951, ch 246, §1; SDC Supp 1960, §45.24B01; SL 1984, ch 43, §96.


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