State Codes and Statutes

Statutes > South-dakota > Title-5 > Chapter-12 > Statute-5-12-27-1

5-12-27.1. Refunding bonds authorized--Purposes. The Building Authority may issue negotiable refunding bonds to refund:
(1) Unpaid matured bonds;
(2) Unpaid matured coupons evidencing interest upon its unpaid matured bonds; and
(3) Interest at the coupon rate upon its unpaid matured bonds that has accrued since the maturity of these bonds.

Source: SL 1975, ch 50, § 1.

State Codes and Statutes

Statutes > South-dakota > Title-5 > Chapter-12 > Statute-5-12-27-1

5-12-27.1. Refunding bonds authorized--Purposes. The Building Authority may issue negotiable refunding bonds to refund:
(1) Unpaid matured bonds;
(2) Unpaid matured coupons evidencing interest upon its unpaid matured bonds; and
(3) Interest at the coupon rate upon its unpaid matured bonds that has accrued since the maturity of these bonds.

Source: SL 1975, ch 50, § 1.