South Dakota § 11-11-52 - Terms of notes and bonds--Maturity--Form of instruments--Interest--Redemption--Sale.
Full text of South Dakota South Dakota Codified Laws § 11-11-52 — Terms of notes and bonds--Maturity--Form of instruments--Interest--Redemption--Sale., with citation guidance and answers to common questions.
§ 11-11-52. Terms of notes and bonds--Maturity--Form of instruments--Interest--Redemption--Sale.
The notes and bonds shall be authorized by resolutions of the authority, and shall bear such dates and shall mature at such times as such resolutions may provide. However, no bond may mature more than fifty years from the date of its issue. The bonds may be issued as serial bonds payable in annual installments or as term bonds or as a combination thereof. The notes and bonds shall bear interest at such rates, be in such denominations, be in such form, carry such registration privileges, be executed in such manner, be payable in such medium of payment, at such places within or without the state, and be subject to such terms of redemption as such resolutions may provide. The notes and bonds of the authority may be sold by the authority, at public or private sale, at such prices as the authority shall determine.
Source: SL 1973, ch 180, § 29; SDCL Supp, § 28-19-43; SL 2012, ch 78, § 28.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 11-11-52
What does South Dakota Codified Laws § 11-11-52 cover?
Section 11-11-52 ("Terms of notes and bonds--Maturity--Form of instruments--Interest--Redemption--Sale.") 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 § 11-11-52?
A common citation format is "South Dakota Codified Laws § 11-11-52" (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 § 11-11-52 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.