State Codes and Statutes

Statutes > South-dakota > Title-9 > Chapter-41a > Statute-9-41a-34

9-41A-34. Encumbrance of property to secure obligations. A municipal power agency may mortgage, pledge, and grant a security interest in any or all of its real and personal property to secure the payment of its bonds, notes, or other obligations or contracts.

Source: SL 1978, ch 66, § 31.

State Codes and Statutes

Statutes > South-dakota > Title-9 > Chapter-41a > Statute-9-41a-34

9-41A-34. Encumbrance of property to secure obligations. A municipal power agency may mortgage, pledge, and grant a security interest in any or all of its real and personal property to secure the payment of its bonds, notes, or other obligations or contracts.

Source: SL 1978, ch 66, § 31.