South Dakota § 50-6A-29 - Bonds issued by authority--Terms--Minimum sale price--Interest rate.
Full text of South Dakota South Dakota Codified Laws § 50-6A-29 — Bonds issued by authority--Terms--Minimum sale price--Interest rate., with citation guidance and answers to common questions.
§ 50-6A-29. Bonds issued by authority--Terms--Minimum sale price--Interest rate.
An authority shall have the power to borrow money for any of its corporate purposes and issue its bonds therefor, including refunding bonds, in such form and upon such terms as it may determine, payable out of any revenues of the authority, including grants or contributions from the federal government or other sources, which bonds may be sold at not less than ninety-eight percent of par plus the interest accrued on the bonds to the date of the delivery thereof. There shall be no interest rate ceiling on those issues sold at public sale.
Source: SL 1976, ch 303, § 13.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 50-6A-29
What does South Dakota Codified Laws § 50-6A-29 cover?
Section 50-6A-29 ("Bonds issued by authority--Terms--Minimum sale price--Interest rate.") 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 § 50-6A-29?
A common citation format is "South Dakota Codified Laws § 50-6A-29" (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 § 50-6A-29 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.