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South Dakota Codified Laws
Title 1
Chapter 1-16A
S.D. Codified Laws ch. 1-16A
Health and Educational Facilities Authority
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1-16A-1
Legislative findings and intent.
1-16A-2
Definitions.
1-16A-2.1
Repealed
Repealed
1-16A-2.2
Out-of-state participating health institution--Eligibility for financing.
1-16A-3
Authority created--Public function.
1-16A-3.1
Authority continued within Bureau of Finance and Management--Records and reports.
1-16A-4
Appointment of members of authority--Qualifications.
1-16A-5
Terms of office of members--Vacancies.
1-16A-6
Business interests not disqualifying for membership--Abstention where conflict of interest.
1-16A-7
Annual election of chairman and vice-chairman.
1-16A-8
Meetings open to public--Notice--Resolutions not published.
1-16A-9
Quorum of authority--Vote required for action.
1-16A-10
Expenses of members of authority.
1-16A-11
Removal of member from authority.
1-16A-12
Executive director and associate--Compensation.
1-16A-13
Employment of consultants and agents--Compensation.
1-16A-14
Surety bonds required--Payment of cost.
1-16A-15
Corporate powers of authority.
1-16A-15.1
Authority to approve financing of facilities in the state by out-of-state issuers-Public hearing.
1-16A-15.2
Determination of minimum amount of cash and investment reserves.
1-16A-16
Delegation of powers and duties.
1-16A-17
Records maintained by authority--Certified copies.
1-16A-17.1
Informational budget required.
1-16A-18
Acceptance of loans and gifts.
1-16A-19
Investment of surplus funds--Maturity of securities--Manner of investment.
1-16A-20
Location, construction, operation and maintenance of facilities--Designation of agent.
1-16A-21
Acquisition of property--Title taken.
1-16A-22
Restrictions of other laws not applicable.
1-16A-23
Public works laws not applicable--Competitive bidding not required.
1-16A-24
Mortgages for security of bondholders.
1-16A-25
Operation of facilities restricted to leasing.
1-16A-26
Leasing of facilities--Terms of lease--Option to purchase.
1-16A-27
Duration of leases--Rentals required.
1-16A-28
Establishment of rents and charges.
1-16A-29
Rules and regulations for use of facilities.
1-16A-30
Laws and ordinances applicable to facilities.
1-16A-31
Loans to participating institutions--Maximum amount.
1-16A-32
Refunding loans to participating institutions--Findings required.
1-16A-33
Initial planning service fee to accompany applications.
1-16A-34
Annual planning service fee payable to authority.
1-16A-35
Purpose of planning service fees--Agencies used in planning.
1-16A-36
Planning services and surveys obtained from other agencies.
1-16A-37
Proration of planning service fees between institutions.
1-16A-38
Issuance and refunding of bonds and obligations.
1-16A-39
Terms and form of bonds issued.
1-16A-40
Sale of bonds--Expenses of issuance.
1-16A-41
Negotiability of bonds.
1-16A-42
Bonds payable only from revenues.
1-16A-43
Pledge of revenues to secure bonds.
1-16A-44
Pledge continuing until bonds paid.
1-16A-45
Maintenance, rental and funding agreements in bond resolution.
1-16A-46
Pooling of leases for pledge of revenues.
1-16A-47
Bond redemption privileges retained.
1-16A-48
Additional bonds for facilities or HEAL loans--Protection of prior bondholders.
1-16A-49
Remedies of bondholders on default.
1-16A-50
General obligation not created by issuance of bonds--Tax levy not promised.
1-16A-51
State debt not created--Disclaimer in bonds.
1-16A-52
Pledge of full faith and credit of authority or institution.
1-16A-52.1
Financing through federally guaranteed securities authorized.
1-16A-52.2
Commitments and agreements for financing through federally guaranteed securities.
1-16A-52.3
Bonds not to exceed cost of facility--Expenses included--Terms and sale of bonds.
1-16A-52.4
Title to facility financed through federally guaranteed securities--Mortgage--Lease prohibited.
1-16A-52.5
Return of securities to issuer when provision made for payment.
1-16A-53
Refunding bonds authorized--Amount.
1-16A-54
Methods of refunding--Maturity dates.
1-16A-54.1
Bond issue authorized to refund securities of participating institution.
1-16A-54.2
Amount and terms of securities purchased--Mortgage--Insurance and guaranties.
1-16A-54.3
Pledge of securities to secure bonds--Income used for payment--Maximum principal--Bonds subject to other provisions of chapter.
1-16A-54.4
Title of financed facility to remain in participating institution--Mortgage--Lease prohibited.
1-16A-55
Bonds of authority as legal investments.
1-16A-56
Conveyance of facility to participating institution when debt paid.
1-16A-56.1
Conveyance provisions inapplicable to refinanced facility--Return of securities when bonds paid or payment provided for.
1-16A-57
Expenses paid from authority funds--Borrowing for initial operation.
1-16A-58
Tax exemption of authority.
1-16A-59
Securities regulation.
1-16A-60
Additional proceedings not required--Police power reserved.
1-16A-61
Powers supplementary.
1-16A-62
Powers under other law unimpaired.
1-16A-63
Liberal construction of chapter.
1-16A-64
Short title of chapter.
1-16A-65
Health education assistance loan program established.
1-16A-66
Health education assistance loan program--Powers of authority.
1-16A-67
Health education assistance loan program--Funding of HEAL loan purchases by bonds, notes or other obligations of authority.
1-16A-68
Health education assistance loan program--Payment of bonds.
1-16A-69
Health education assistance loan program--Security for principal and interest of bonds.
1-16A-70
Health education assistance loan program--Repayment fund created.
1-16A-71
Repealed
Repealed
1-16A-71.1
Repealed
Repealed
1-16A-72
Repealed
Repealed
1-16A-72.1
Repealed
Repealed
1-16A-73
Repealed
Repealed
1-16A-74
Power to act as public instrumentality.
1-16A-74.1
Establishment of funding program for financing of property by public bodies--Assistance--Pledging of payments--Compliance with statutory limitations.
1-16A-75
Funding program for purchase of notes--Issuance of bonds or notes.
1-16A-76
Jurisdiction of federal bankruptcy courts--Written contracts concerning bonds or notes enforceable.
1-16A-77
Repealed
Repealed
1-16A-78
Authority to issue education savings bonds.
1-16A-79
Criteria for issuance of education savings bonds.
1-16A-80
Additional criteria for issuance of education savings bonds.
1-16A-81
Discounted sale of education savings bonds--Interest--Payment at maturity.
1-16A-82
Sale of education savings bonds--Computation of aggregate principal.
1-16A-83
Plan of implementation for issuance and sale of education savings bonds.
1-16A-84
Designation by authority required for education savings bonds.
1-16A-85
Pool arrangement defined.
1-16A-86
Authority as funding authority for pool arrangement.
1-16A-87
Program for issuance of bonds or certificates of participation that constitute debt of participating agencies--Secured for payment by proceeds of irrepealable tax levies.
1-16A-88
Bonds or certificates of participation not secured for payment by proceeds of irrepealable tax levies.
1-16A-89
Credit enhancement obligation--Conditions.
1-16A-90
Agreements with other entities involving credit enhancement obligations.
1-16A-91
Issued indebtedness for accounts receivable program.
1-16A-92
Authority may contract to manage payment or interest rate risk for bonds.
1-16A-93
Proposed issuance of obligations--Determination of board.
1-16A-94
Promulgation of rules establishing forecasting methodology.
1-16A-95
Issuance of additional obligations--Legislative approval.
1-16A-96
Appropriation for payments pursuant to lease purchase agreements--Agreement dated August 1, 1988 ratified.
1-16A-97
Procedures to facilitate school district issuance of capital outlay certificates and terms for lease purchase agreements secured by pledge of state aid to education funds.
1-16A-98
State not liable for capital outlay certificates and lease purchase agreements sponsored by authority or secured by pledge of state aid to education.
1-16A-99
Contracts made by school district, state, or authority not to be impaired.