§ 9-40-22

S.D. Codified Laws § 9-40-22 (2026)

Payment of purchase price by issuance of bonds.

SL 1931, ch 194 , § 5; SDC 1939, § 45.2405; SL 1982, ch 75 , § 8; SL 1984, ch 43 , § 80.

Any contract for the purchase, construction, or acquisition of a utility may provide that payment therefor shall be made in revenue bonds issued pursuant to this chapter.

Source: SL 1931, ch 194 , § 5; SDC 1939, § 45.2405; SL 1982, ch 75 , § 8; SL 1984, ch 43 , § 80.