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Statutes > South Dakota Laws > Title 6 - LOCAL GOVERNMENT GENERALLY > Chapter 08B - Bonds of Local Public Bodies > Section 6-8B-26 - Anticipation notes--When issuance authorized.

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SOUTH DAKOTA STATUTES AND CODES

Section 6-8B-26 - Anticipation notes--When issuance authorized.

6-8B-26. Anticipation notes--When issuance authorized. When all conditions precedent to the offering for sale of bonds of a public body in any amount and for any authorized purpose have been satisfied, the governing body may, by resolution, issue and sell notes in anticipation of the issuance of the bonds in the manner and subject to the limitations set forth in §§ 6-8B-26 to 6-8B-29, inclusive.

Source: SL 1984, ch 43, § 24A.

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