South Dakota § 9-51-5 - Utility revenue bonds and general obligation bonds authorized for acquisition, improvement, and operation of off-street parking lots.
Full text of South Dakota South Dakota Codified Laws § 9-51-5 — Utility revenue bonds and general obligation bonds authorized for acquisition, improvement, and operation of off-street parking lots., with citation guidance and answers to common questions.
§ 9-51-5. Utility revenue bonds and general obligation bonds authorized for acquisition, improvement, and operation of off-street parking lots.
Every municipality shall have the power to acquire, improve, equip, operate, maintain, and regulate parking lots and areas for the off-street parking of vehicles, to fix and collect parking fees for the parking of vehicles therein and to issue its revenue bonds for such purposes in the manner and after authorization as provided by chapter 9-40 payable solely from the revenues from such parking lots and on-street or off-street parking meters and also for such purposes to issue its general obligation bonds after authorization as provided by statute for payment of which the municipality in addition to pledging its general credit may set aside or pledge in whole or in part the revenues from parking lots or parking meters, or both, operated by it.
Source: SL 1947, ch 223; SL 1949, ch 195; SDC Supp 1960, § 45.0201-1 (11).
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 9-51-5
What does South Dakota Codified Laws § 9-51-5 cover?
Section 9-51-5 ("Utility revenue bonds and general obligation bonds authorized for acquisition, improvement, and operation of off-street parking lots.") 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 § 9-51-5?
A common citation format is "South Dakota Codified Laws § 9-51-5" (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 § 9-51-5 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.