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South Dakota Codified Laws
Title 6
Chapter 6-20
S.D. Codified Laws ch. 6-20
Airport Revenue Bonds
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6-20-1
Local government airport improvement contracts--Authorization, issuance, and sale of revenue bonds.
6-20-2
Contents of authorizing resolution or ordinance.
6-20-3
Adoption of resolution by airport board--Approval by governing body.
6-20-4
Minimum revenues for issuance of bonds--Items includable in estimated future revenues.
6-20-5
Funds available for payment of bonds--Pledge of revenue from future facilities.
6-20-6
Revenues available for operation and maintenance of airport--Taxing power not used to liquidate bonds--Exceptions.
6-20-7
Covenants respecting operation and maintenance of airport.
6-20-8
Default in payment of bonds--Mismanagement of airport--Appointment of receiver for payment of bonds--Restoration of airport to local control.