Section 9-38-66 - References in revenue bonds to authorizing resolution--Negotiability ofbonds. - South-dakota Statutes

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9-38-66. References in revenue bonds to authorizing resolution--Negotiability of bonds. Bonds issued pursuant to §§ 9-38-61 to 9-38-75, inclusive, may refer to the authorizing resolution or resolutions for matters not expressed in the bonds, but they shall be negotiable investment securities within the meaning of chapter 57A-8 notwithstanding any conditions expressed therein or in the resolutions.

Source: SL 1957, ch 258, § 5; SDC Supp 1960, § 45.24D05; SL 1984, ch 43, § 75.

State Codes and Statutes

Statutes > South-dakota > Title-9 > Chapter-38 > Statute-9-38-66

9-38-66. References in revenue bonds to authorizing resolution--Negotiability of bonds. Bonds issued pursuant to §§ 9-38-61 to 9-38-75, inclusive, may refer to the authorizing resolution or resolutions for matters not expressed in the bonds, but they shall be negotiable investment securities within the meaning of chapter 57A-8 notwithstanding any conditions expressed therein or in the resolutions.

Source: SL 1957, ch 258, § 5; SDC Supp 1960, § 45.24D05; SL 1984, ch 43, § 75.

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State Codes and Statutes

Statutes > South-dakota > Title-9 > Chapter-38 > Statute-9-38-66

9-38-66. References in revenue bonds to authorizing resolution--Negotiability of bonds. Bonds issued pursuant to §§ 9-38-61 to 9-38-75, inclusive, may refer to the authorizing resolution or resolutions for matters not expressed in the bonds, but they shall be negotiable investment securities within the meaning of chapter 57A-8 notwithstanding any conditions expressed therein or in the resolutions.

Source: SL 1957, ch 258, § 5; SDC Supp 1960, § 45.24D05; SL 1984, ch 43, § 75.