State Codes and Statutes

Statutes > South-dakota > Title-1 > Chapter-16a > Statute-1-16a-81

1-16A-81. Discounted sale of education savings bonds--Interest--Payment at maturity. Education savings bonds or certificates of participation may be sold at any discount to be determined by the authority, need not bear a stated rate of interest, and may be payable in one payment at maturity on a fixed date.

Source: SL 1990, ch 10, § 4.

State Codes and Statutes

Statutes > South-dakota > Title-1 > Chapter-16a > Statute-1-16a-81

1-16A-81. Discounted sale of education savings bonds--Interest--Payment at maturity. Education savings bonds or certificates of participation may be sold at any discount to be determined by the authority, need not bear a stated rate of interest, and may be payable in one payment at maturity on a fixed date.

Source: SL 1990, ch 10, § 4.