South Dakota § 11-9-35 - Maximum amount of bonds--Maturity--Redemption--Bearer or registered--Denominations.
Full text of South Dakota South Dakota Codified Laws § 11-9-35 — Maximum amount of bonds--Maturity--Redemption--Bearer or registered--Denominations., with citation guidance and answers to common questions.
§ 11-9-35. Maximum amount of bonds--Maturity--Redemption--Bearer or registered--Denominations.
Tax increment bonds may not be issued in an amount exceeding the aggregate project costs. The bonds may not mature later than twenty years from the date the district was created. The bonds may contain a provision authorizing the redemption of the bonds, in whole or in part, at stipulated prices, at the option of the political subdivision, on any interest payment date and must provide the method of selecting the bonds to be redeemed. The principal and interest on the bonds may be payable at any time and at any place. The bonds may be payable to the bearer or may be registered as to the principal or principal and interest. The bonds may be in any denominations.
Source: SL 1978, ch 91, § 23; SL 2011, ch 73, § 12; SL 2018, ch 70, § 36; SL 2024, ch 45, § 15.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 11-9-35
What does South Dakota Codified Laws § 11-9-35 cover?
Section 11-9-35 ("Maximum amount of bonds--Maturity--Redemption--Bearer or registered--Denominations.") 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 § 11-9-35?
A common citation format is "South Dakota Codified Laws § 11-9-35" (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 § 11-9-35 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.