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South Dakota Codified Laws
Title 9
Chapter 9-40
S.D. Codified Laws ch. 9-40
Utility Facilities and Revenue Bonds
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9-40-1
Municipal power to acquire and operate utility systems--Types of services provided--Limits of service area.
9-40-2
Systems defined as utilities.
9-40-3
Combining of systems and services into single utility system.
9-40-4
Utility facilities outside municipal limits.
9-40-4.1
Water pollution prevention contracts.
9-40-4.2
Financial aid for sewerage and water facility systems--Federal contracts.
9-40-4.3
Contracts and creation of body for operation of sewerage and water facility systems.
9-40-5
Bond issue for erection or acquisition of utility--Credit of municipality not used--Authorization--Issuance--Sale.
9-40-6
Revenue bond issue for extension or improvement of utility.
9-40-7
Additional revenue bonds authorized when original issue insufficient--Priority of issues.
9-40-8
Provision for additional bond issues of equal standing.
9-40-9
Provision for extension or improvement of utility by additional bond issue--Junior to prior issues.
9-40-10
Resolution or ordinance to refer to chapter--Purchase price for utility to be specified.
9-40-11
Ordinance provisions for utility operation and security of bondholders.
9-40-12
9-40-12 to 9-40-14. Repealed by SL 1984, ch 43, § 131.
9-40-15
Bonds payable from revenue--Circumstances not requiring election.
9-40-15.1
Collection of charges for sewerage, water services, and drainage basin utility districts--Amount and basis of charges--Surcharge on water bills.
9-40-16
Pledge of revenue to separate fund--Separate account for bond payments and reserve--Depreciation account and operational costs.
9-40-17
Revenue pledged to payment of extension and improvement bonds--Prior pledge for original bond issue.
9-40-18
Taxing power not used for payment of revenue bonds--Restriction on use of other municipal funds.
9-40-19
Chapter and resolution or ordinance incorporated in terms of bonds.
9-40-20
Repealed
Repealed
9-40-21
Separate or combined acquisition of utilities--Purchase price.
9-40-22
Payment of purchase price by issuance of bonds.
9-40-23
Bonds set apart for payment of underlying debt--Income set aside for debt retirement.
9-40-24
Exchange of bonds for underlying debt--Application of proceeds to debt.
9-40-25
Bondholders' statutory mortgage on utility--Disposition of utility prohibited until bonds retired.
9-40-26
Statutory lien continued until bonds paid.
9-40-27
Enforcement by bondholders of statutory mortgage and requirements of chapter.
9-40-28
Rates to cover bond retirement and operational costs.
9-40-29
Municipality to pay for services rendered by utility.
9-40-30
Surplus transferred to depreciation account.
9-40-31
Expenditures from depreciation account--Investment of accumulations.
9-40-32
Surplus applied to other municipal or public purposes.
9-40-33
Receivership on default or mismanagement--Powers of receiver.
9-40-34
Judicial approval of rates charged during receivership--Criteria for establishment of rates.
9-40-35
Termination of receivership and restoration of municipal control.
9-40-36
Repealed
Repealed
9-40-37
Sale and lease-back arrangements for waterworks and waste disposal facilities.
9-40-38
Sale of waterworks and waste disposal facilities--Conditions.
9-40-39
Tax exemption of waterworks and waste disposal facilities.
9-40-40
Sale and lease-back powers additional--Restrictions.
9-40-41
Drainage utility fund--Fees.