South Dakota § 11-7-93 - Income and revenues from which bonds payable--Additional pledge of other funds or assets.
Full text of South Dakota South Dakota Codified Laws § 11-7-93 — Income and revenues from which bonds payable--Additional pledge of other funds or assets., with citation guidance and answers to common questions.
§ 11-7-93. Income and revenues from which bonds payable--Additional pledge of other funds or assets.
A commission may issue such types of bonds as it may determine, including (without limiting the generality of the foregoing) bonds on which the principal and interest are payable:
(1) Exclusively from the income and revenues of the project financed with the proceeds of such bonds;
(2) Exclusively from the income and revenues of certain designated projects whether or not they are financed in whole or in part with the proceeds of such bonds; or
(3) From its revenues generally, provided that the housing projects and redevelopment projects of a commission shall be separately financed, and there shall be no confusion of financing or funds between projects of these two separate types.
Any such bonds may be additionally secured by a pledge of any grant or contributions, or parts thereof, from the federal government or other source, or a pledge of any income or revenues of the commission, or a mortgage of any project, projects, or other property of the commission.
Source: SL 1950 (SS), ch 13, § 21; SDC Supp 1960, § 45.3621.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 11-7-93
What does South Dakota Codified Laws § 11-7-93 cover?
Section 11-7-93 ("Income and revenues from which bonds payable--Additional pledge of other funds or assets.") 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 § 11-7-93?
A common citation format is "South Dakota Codified Laws § 11-7-93" (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 § 11-7-93 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.