State Codes and Statutes

Statutes > South-dakota > Title-31 > Chapter-15 > Statute-31-15-5

31-15-5. Revenue bond issue authorized. For the purpose of defraying the cost of acquiring or purchasing a bridge described in § 31-15-3, every municipality or county may borrow money and issue negotiable bonds without pledging or using the credit of such municipality or county.

Source: SL 1945, ch 118, § 3; SDC Supp 1960, § 28.1435.

State Codes and Statutes

Statutes > South-dakota > Title-31 > Chapter-15 > Statute-31-15-5

31-15-5. Revenue bond issue authorized. For the purpose of defraying the cost of acquiring or purchasing a bridge described in § 31-15-3, every municipality or county may borrow money and issue negotiable bonds without pledging or using the credit of such municipality or county.

Source: SL 1945, ch 118, § 3; SDC Supp 1960, § 28.1435.