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Statutes > South Dakota Laws > Title 31 - HIGHWAYS AND BRIDGES > Chapter 15 - County And Municipal Local Interstate Toll Bridges > Section 31-15-5 - Revenue bond issue authorized.

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SOUTH DAKOTA STATUTES AND CODES

Section 31-15-5 - Revenue bond issue authorized.

31-15-5. Revenue bond issue authorized. For the purpose of defraying the cost of acquiring or purchasing a bridge described in § 31-15-3, every municipality or county may borrow money and issue negotiable bonds without pledging or using the credit of such municipality or county.

Source: SL 1945, ch 118, § 3; SDC Supp 1960, § 28.1435.

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