41-17-5. Revenue bonds authorized for recreational facilities in parks--Terms of bonds--Maximum amount.
To accomplish the provisions and purposes of §41-17-4, the Department of Game, Fish and Parks may issue revenue bonds in such amounts as the Game, Fish and Parks Commission deems necessary. The bonds shall be authorized by resolution of the commission and approved by the Governor. The bonds may be at the option of the commission callable for payment before maturity; and the call provision, if any, shall be stated in the bond. The face amount of any bond authorized pursuant to this section may not exceed the sum of two million dollars. The bonds, subject to the provisions of the resolution or a subsequent resolution, may:
(1)Be issued in one or more series;
(2)Bear a date specified in the resolution;
(3)Mature at a time specified in the resolution not exceeding twenty years from the date;
(4)Be in a form and be executed in a manner specified in the resolution;
(5)Be payable in a medium and at a place specified in the resolution;
(6)Be subject to terms of redemption specified in the resolution; and
(7)Contain terms, covenants, and conditions as specified in the resolution.
Source: SL 1959, ch 108, §§4, 6; SDC Supp 1960, §§25.0128, 25.0129; SL 1970, ch 241, §2; SL 2009, ch 206, §99.
Structure South Dakota Codified Laws
Title 41 - Game, Fish, Parks and Forestry
Section 41-17-1 - State parks--Enumeration.
Section 41-17-2 - Legislative adoption required for new state park.
Section 41-17-7 - Bond recital as to sources of payment--Disclaimer of state obligation.
Section 41-17-8 - Sale of revenue bonds--Terms--Negotiability.
Section 41-17-9 - Bond obligation restricted to revenues pledged.
Section 41-17-10 - Assistance in maintenance of Custer County schools--Maximum amounts.
Section 41-17-11 - Agreements for use of Custer State Park by National Guard--Lease authorized.
Section 41-17-11.1 - Black Hills Playhouse--Lease agreement with commission.
Section 41-17-11.2 - Black Hills Playhouse--Prior unpaid lease payments.
Section 41-17-11.4 - Black Hills Playhouse--Correction of building violations.
Section 41-17-11.5 - Black Hills Playhouse--Maintenance and repair.
Section 41-17-12 - New highways, roads, and trails in state parks--Violation as misdemeanor.
Section 41-17-13 - Park license for admission to state parks and recreation areas--Fees--Deposit.
Section 41-17-13.2 - Exemptions from park license requirement.
Section 41-17-13.3 - Campground permit or charges not included in park license.
Section 41-17-13.4 - Free admission and reduced fees for certain veterans.
Section 41-17-14 - Use of fees from park licenses--Land purchase prohibited.
Section 41-17-14.1 - Camping permits--Issuance--Use of fees.
Section 41-17-15 - Deposit and use of park service fees.
Section 41-17-18 - Hunting and trapping in Custer State Park as misdemeanor.
Section 41-17-18.1 - Permitting dogs at large as misdemeanor.
Section 41-17-21 - Parks and recreation fund created--Expenditure.
Section 41-17-22.4 - Procedure for sale, assignment, or transfer of concessionaire leases.
Section 41-17-22.5 - Custer State Park bond redemption fund created--Expenditures.
Section 41-17-23 - Grazing on state park or game preserve without permit as misdemeanor.
Section 41-17-24 - Failure to close gate in park or game preserve as misdemeanor.
Section 41-17-26 - Department required to fence land used for rails to trails program.
Section 41-17-28 - Golf carts used within state parks or recreation areas.