South Dakota § 49-17A-27 - Issuance of bonds and notes--Purposes for which proceeds used.
Full text of South Dakota South Dakota Codified Laws § 49-17A-27 — Issuance of bonds and notes--Purposes for which proceeds used., with citation guidance and answers to common questions.
§ 49-17A-27. Issuance of bonds and notes--Purposes for which proceeds used.
An authority may from time to time issue its bonds or notes in such principal amounts as the authority shall deem necessary to carry out any of its corporate purposes and powers, including, but not limited to the funding or refunding of the principal of or interest or redemption premiums on, any bonds or notes issued by it whether or not the bonds or notes or interest to be funded or refunded have or have not become due, the establishment or increase of reserves to secure or to pay the bonds or notes or interest thereon, and the payment of or establishment of reserves for all other costs or expenses of the authority incident to and necessary to carry out its corporate purposes and powers.
Source: SL 1978, ch 344, § 25.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 49-17A-27
What does South Dakota Codified Laws § 49-17A-27 cover?
Section 49-17A-27 ("Issuance of bonds and notes--Purposes for which proceeds used.") 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 § 49-17A-27?
A common citation format is "South Dakota Codified Laws § 49-17A-27" (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 § 49-17A-27 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.