Section 1-16B-45 - Pledge to United States not to impair powers of authority. - South Dakota Statutes

1-16B-45. Pledge to United States not to impair powers of authority. The State of South Dakota hereby pledges and agrees with the United States that if any federal agency constructs, loans, or contributes any funds to any development project, the state will not alter or limit the rights and powers of the authority in any manner inconsistent with the performance of any agreements between the authority and the federal agency, and the authority may continue to exercise all powers to carry out the purposes of this chapter.

Source: SL 1978, ch 9, § 35.