South Dakota § 1-16A-48 - Additional bonds for facilities or HEAL loans--Protection of prior bondholders.
Full text of South Dakota South Dakota Codified Laws § 1-16A-48 — Additional bonds for facilities or HEAL loans--Protection of prior bondholders., with citation guidance and answers to common questions.
§ 1-16A-48. Additional bonds for facilities or HEAL loans--Protection of prior bondholders.
Issuance by the authority of one or more series of bonds for one or more purposes shall not preclude it from issuing other bonds in connection with the same facilities or HEAL loans or any other facilities or HEAL loans or any other purpose hereunder, but the resolutions or trust indenture whereunder any subsequent bonds may be issued shall recognize and protect any prior pledge or mortgage made for any prior issue of bonds.
Source: SL 1972, ch 10, § 11; SL 1982, ch 10, § 10.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 1-16A-48
What does South Dakota Codified Laws § 1-16A-48 cover?
Section 1-16A-48 ("Additional bonds for facilities or HEAL loans--Protection of prior bondholders.") is part of the South Dakota Codified Laws, the codified statutory law of South Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Dakota § 1-16A-48?
A common citation format is "South Dakota Codified Laws § 1-16A-48" (South Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Dakota official source linked on this page or consult a licensed South Dakota attorney.
How does South Dakota § 1-16A-48 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Dakota.