9-44-1. Municipal improvement bonds authorized in lieu of special assessment certificates.
If the special assessments to be levied by any municipality for any local improvement or improvements are divided into installments pursuant to the provisions of chapter 9-43, the governing body of the municipality, in lieu of issuing assessment certificates or bonds as provided in chapter 9-43, may issue municipal improvement bonds.
Source: SL 1947, ch 219, §1; SDC Supp 1960, §45.21A01; SL 1984, ch 43, §85.
Structure South Dakota Codified Laws
Title 9 - Municipal Government
Chapter 44 - Municipal Improvement Bonds
Section 9-44-1 - Municipal improvement bonds authorized in lieu of special assessment certificates.
Section 9-44-2 - Authorization--Issuance--Sale--Maturity.
Section 9-44-3 - Amount of bond issue.
Section 9-44-5 - Covenants with bondholders authorized.
Section 9-44-7 - Municipal agreement as to water and sewer service charges--Adequacy of rates.
Section 9-44-10 - Bonds payable from improvement fund--Negotiability--Municipal obligation limited.