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S.D. Codified Laws ch. 9-41 – Municipal Telephone Systems | Midpage
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South Dakota Codified Laws
Title 9
Chapter 9-41
S.D. Codified Laws ch. 9-41
Municipal Telephone Systems
9-41-1
Power of municipality to establish and operate telephone system--Connection and joint operation with rural telephone system.
9-41-1.1
Purchase of equipment for resale.
9-41-2
Revenue bonds authorized--Issuance--Sale--Segregated revenue or income.
9-41-3
Additional bonds authorized when original issue insufficient--Priority of issues.
9-41-4
Ordinance provisions for operation of system and security of bondholders.
9-41-5
9-41-5, 9-41-6. Repealed by SL 1984, ch 43, § 131.
9-41-7
Bondholders' statutory mortgage on telephone improvements--Disposition of system prohibited until bonds retired.
9-41-8
Pledge of telephone revenues to separate fund--Separate account for bond payments and reserve--Depreciation account and operational expenses.
9-41-9
Rates supervised by Public Utilities Commission--Sufficient for bond retirement and operation.
9-41-10
Transfer of surplus to depreciation account.
9-41-11
Severability of chapter and resolutions.