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Section 49-16B-1 - Legislative declarations--Public participation in railroad ownership and operation. - 49-16B-1. Legislative declarations--Public participation in railroad ownership and operation. It...
Section 49-16B-2 - Definitions of terms. - 49-16B-2. Definitions of terms. Terms used in this chapter mean:...
Section 49-16B-3 - Railroad authority created--Members. - 49-16B-3. Railroad authority created--Members. There is created the South Dakota...
Section 49-16B-4 - Authority attached to bureau of finance and management for reporting purposes--Exercise of functions. - 49-16B-4. Authority attached to bureau of finance and management for...
Section 49-16B-6 - Oath and bond of members. - 49-16B-6. Oath and bond of members. Each member shall, before...
Section 49-16B-7 - Per diem and expenses. - 49-16B-7. Per diem and expenses. The members of the authority...
Section 49-16B-8 - Agents and employees. - 49-16B-8. Agents and employees. The authority may employ agents and...
Section 49-16B-9 - Seal. - 49-16B-9. Seal. The authority may have and use a common...
Section 49-16B-10 - Projects authority may undertake. - 49-16B-10. Projects authority may undertake. For the purpose of developing...
Section 49-16B-11 - Report to legislature recommending projects. - 49-16B-11. Report to legislature recommending projects. The authority shall obtain...
Section 49-16B-12 - Transfer of jurisdiction or property to authority--Governor's approval. - 49-16B-12. Transfer of jurisdiction or property to authority--Governor's approval. Any...
Section 49-16B-13 - Acquisition of property--Construction and maintenance of railroad facilities. - 49-16B-13. Acquisition of property--Construction and maintenance of railroad facilities. To...
Section 49-16B-13.1 - Approval of expenditures by railroad board and Governor. - 49-16B-13.1. Approval of expenditures by railroad board and Governor. The...
Section 49-16B-13.2 - Maintenance of public railroad property by Department of Transportation. - 49-16B-13.2. Maintenance of public railroad property by Department of Transportation....
Section 49-16B-14 - Department of Transportation's powers as to projects. - 49-16B-14. Department of Transportation's powers as to projects. The Department...
Section 49-16B-15 - Lease of facilities and sites. - 49-16B-15. Lease of facilities and sites. To accomplish projects of...
Section 49-16B-16 - Lease terms, conditions and rentals. - 49-16B-16. Lease terms, conditions and rentals. Leases may be: (1)Upon...
Section 49-16B-17 - Leases to contain option to purchase--Purchase price. - 49-16B-17. Leases to contain option to purchase--Purchase price. The lease...
Section 49-16B-18 - Lease provisions for lessee's payment of taxes, insurance and other costs. - 49-16B-18. Lease provisions for lessee's payment of taxes, insurance and...
Section 49-16B-19 - Leases to Department of Transportation--Rents payable solely from appropriations--Amount. - 49-16B-19. Leases to Department of Transportation--Rents payable solely from appropriations--Amount....
Section 49-16B-20 - Nonpayment of rent--Maintenance, operation, or lease of facilities. - 49-16B-20. Nonpayment of rent--Maintenance, operation, or lease of facilities. The...
Section 49-16B-21 - Rental and charges for facilities leased to other than Department of Transportation--Conveyance at conclusion. - 49-16B-21. Rental and charges for facilities leased to other than...
Section 49-16B-22 - Tax exempt status of authority's property. - 49-16B-22. Tax exempt status of authority's property. All property owned...
Section 49-16B-23 - Negotiable revenue bonds--Resolution for issuance--Legislative approval. - 49-16B-23. Negotiable revenue bonds--Resolution for issuance--Legislative approval. The authority may...
Section 49-16B-24 - Borrowing money and issuing bonds authorized--Refunding and refinancing--Pledge of income and revenues. - 49-16B-24. Borrowing money and issuing bonds authorized--Refunding and refinancing--Pledge of...
Section 49-16B-25 - Bonds and notes--Resolution--Issuance--Terms. - 49-16B-25. Bonds and notes--Resolution--Issuance--Terms. Bonds or notes of the authority...
Section 49-16B-26 - Bonds--Repayment from lease income and revenues from facilities financed. - 49-16B-26. Bonds--Repayment from lease income and revenues from facilities financed....
Section 49-16B-27 - Bonds--Execution and registration--Officers' signatures. - 49-16B-27. Bonds--Execution and registration--Officers' signatures. Bonds shall be executed by...
Section 49-16B-28 - Bonds--Statements on face. - 49-16B-28. Bonds--Statements on face. Each bond shall state upon its...
Section 49-16B-29 - Obligation of state not authorized. - 49-16B-29. Obligation of state not authorized. Nothing in this chapter...
Section 49-16B-30 - Contract with holders--Enforcement. - 49-16B-30. Contract with holders--Enforcement. The provisions of this chapter and...
Section 49-16B-31 - Interim notes--Purposes for which authorized. - 49-16B-31. Interim notes--Purposes for which authorized. In addition to the...
Section 49-16B-32 - Interim notes--Issuance pursuant to resolution--Contents of resolution--Extending maturity date. - 49-16B-32. Interim notes--Issuance pursuant to resolution--Contents of resolution--Extending maturity date....
Section 49-16B-33 - Interim notes--Registration--Issuance. - 49-16B-33. Interim notes--Registration--Issuance. The authority may provide for the registration...
Section 49-16B-34 - Interim notes--Interest--Redemption by authority. - 49-16B-34. Interim notes--Interest--Redemption by authority. Interest on the notes may...
Section 49-16B-35 - Interim notes--Execution--Attestation--Seal. - 49-16B-35. Interim notes--Execution--Attestation--Seal. The notes may be executed in the...
Section 49-16B-36 - Interim notes--Secured by pledge--Repayment from sale of revenue bonds and property acquired. - 49-16B-36. Interim notes--Secured by pledge--Repayment from sale of revenue bonds...
Section 49-16B-37 - Interim notes--Additional security for payment. - 49-16B-37. Interim notes--Additional security for payment. The authority, in order...
Section 49-16B-38 - Interim notes not indebtedness within constitutional or statutory limitations. - 49-16B-38. Interim notes not indebtedness within constitutional or statutory limitations....
Section 49-16B-39 - Payment of interim notes contemporaneously with issue of revenue bonds or escrow of bond proceeds for future repayment. - 49-16B-39. Payment of interim notes contemporaneously with issue of revenue...
Section 49-16B-40 - Interim notes--No personal liability. - 49-16B-40. Interim notes--No personal liability. No member, officer, agent, or...
Section 49-16B-41 - Income of authority--Payment to state treasurer or trustee--Railroad authority fund--Disbursements. - 49-16B-41. Income of authority--Payment to state treasurer or trustee--Railroad authority...
Section 49-16B-42 - Authority to account for income--Disbursements from accounts in fund. - 49-16B-42. Authority to account for income--Disbursements from accounts in fund....
Section 49-16B-43 - Conveyance of property to state by authority. - 49-16B-43. Conveyance of property to state by authority. To accomplish...
Section 49-16B-44 - Record of lease rental payments--Conveyance of property to state upon receipt of sufficient rentals to pay bonds. - 49-16B-44. Record of lease rental payments--Conveyance of property to state...
Section 49-16B-46 - Contract power of authority. - 49-16B-46. Contract power of authority. The authority may enter into...
Section 49-16B-47 - Bylaws, rules and regulations of authority. - 49-16B-47. Bylaws, rules and regulations of authority. To accomplish projects...