Section 9-52-12 - Reference to authorizing resolutions for matters not covered in bonds--Negotiability. - South Dakota Statutes

9-52-12. Reference to authorizing resolutions for matters not covered in bonds--Negotiability. Bonds issued pursuant to this chapter may refer to the authorizing resolution or resolutions for matters not expressed in the bonds, but they shall be negotiable investment securities within the meaning of chapter 57A-8, notwithstanding any conditions expressed therein or in the resolutions.

Source: SL 1951, ch 246, § 6; SDC Supp 1960, § 45.24B06; SL 1984, ch 43, § 98.