South Dakota Codified Laws
Chapter 16J - South Dakota Ellsworth Development Authority
Section 1-16J-4 - Terms--Vacancies--Quorum.

1-16J-4. Terms--Vacancies--Quorum.
All appointments to the authority after the initial appointments shall be made for a four-year term. Each member's term of office shall expire on the applicable third Monday in January, but the member shall continue to hold office until a successor is appointed and qualified. Any vacancy in the authority shall be filled by appointment for only the balance of the unexpired term. A majority of the members of the authority constitutes a quorum.

Source: SL 2009, ch 8, §4.

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Structure South Dakota Codified Laws

South Dakota Codified Laws

Title 1 - State Affairs and Government

Chapter 16J - South Dakota Ellsworth Development Authority

Section 1-16J-1 - South Dakota Ellsworth Development Authority created.

Section 1-16J-2 - Membership--Initial terms--Officers--Removal.

Section 1-16J-3 - Authority reports to Governor's Office of Economic Development.

Section 1-16J-4 - Terms--Vacancies--Quorum.

Section 1-16J-5 - No compensation--Reimbursement of expenses.

Section 1-16J-6 - Employment of personnel.

Section 1-16J-7 - Powers of authority.

Section 1-16J-8 - Investments by authority.

Section 1-16J-9 - Issuance of revenue bonds, notes, or other evidences of indebtedness.

Section 1-16J-10 - Suit to compel performance by holder of revenue bonds, notes, or other instruments issued by authority.

Section 1-16J-11 - Action to compel payment of principal or interest on bonds or premium.

Section 1-16J-12 - Negotiability of bonds, notes, and other instruments--Temporary instruments.

Section 1-16J-13 - Pledge of revenues from lease or loan agreement--Trust agreement--Remedy.

Section 1-16J-14 - Pledge or assignment of and lien on or security interest in revenues, funds, or accounts.

Section 1-16J-15 - Pledge by state not to impair rights and remedies of holders of bonds and notes.

Section 1-16J-16 - State not liable for principal or interest on bonds, notes, or obligations of authority.

Section 1-16J-17 - Governmental bodies, financial institutions, and others authorized to invest in bonds or notes issued by authority.

Section 1-16J-18 - Exemption of documentary material and data from disclosure--Consideration by authority in executive session.

Section 1-16J-19 - Title to project.

Section 1-16J-20 - Inapplicability of § 5-2-19.

Section 1-16J-21 - Designation of depositories.

Section 1-16J-22 - Tax and securities exemptions of authority.

Section 1-16J-23 - Informational budget.

Section 1-16J-24 - Intergovernmental agreements.

Section 1-16J-25 - Sharing of agency employees .

Section 1-16J-26 - Powers not limited or created.

Section 1-16J-27 - Transfer of real estate in Rapid City.

Section 1-16J-28 - Property included in Rapid City real estate transfer.

Section 1-16J-29 - Real estate transfer subject to approval by Governor.