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Section 5-12-1 - .Authority created--Composition--Initial terms--Political affiliation--Chairman. - 5-12-1. Authority created--Composition--Initial terms--Political affiliation--Chairman. There is created the South...
Section 5-12-1.1 - .Authority continued within Bureau of Finance and Management--Records and reports. - 5-12-1.1. Authority continued within Bureau of Finance and Management--Records and...
Section 5-12-1.2 - .Meaning of United States Department of Agriculture Conservation Reserve Program. - 5-12-1.2. Meaning of United States Department of Agriculture Conservation Reserve...
Section 5-12-2 - .Terms of members--Vacancies--Quorum. - 5-12-2. Terms of members--Vacancies--Quorum. All appointments to the South Dakota...
Section 5-12-3 - .Oath and bond of members. - 5-12-3. Oath and bond of members. Each member shall, before...
Section 5-12-4 - .Members receive no compensation--Reimbursement of expenses. - 5-12-4. Members receive no compensation--Reimbursement of expenses. No member of...
Section 5-12-5 - .Employment of personnel. - 5-12-5. Employment of personnel. The Building Authority shall possess the...
Section 5-12-6 - .Common seal of authority. - 5-12-6. Common seal of authority. The Building Authority shall have...
Section 5-12-7 - .Purposes of authority. - 5-12-7. Purposes of authority. The purposes of this authority are:...
Section 5-12-8 - .Studies and investigations of land needs. - 5-12-8. Studies and investigations of land needs. The authority may...
Section 5-12-8.1 - .Additional powers with respect to projects under §5-12-8. - 5-12-8.1. Additional powers with respect to projects under §5-12-8. In...
Section 5-12-10 - .Transfer of state property to authority. - 5-12-10. Transfer of state property to authority. Any department, board,...
Section 5-12-11 - .Power of authority to acquire property--Methods of acquisition. - 5-12-11. Power of authority to acquire property--Methods of acquisition. The...
Section 5-12-11.1 - .Standards and specifications to accommodate persons with disabilities. - 5-12-11.1. Standards and specifications to accommodate persons with disabilities. The...
Section 5-12-12 - .Plans and specifications for projects to be undertaken. - 5-12-12. Plans and specifications for projects to be undertaken. The...
Section 5-12-13 - .Lease of facilities and sites to state agencies authorized--Commencement of payments under lease. - 5-12-13. Lease of facilities and sites to state agencies authorized--Commencement...
Section 5-12-14 - .Terms, conditions, and rental under leases--Annual extension provision. - 5-12-14. Terms, conditions, and rental under leases--Annual extension provision. Leases...
Section 5-12-15 - .Lessee's option to purchase--Conveyance on exercise of option. - 5-12-15. Lessee's option to purchase--Conveyance on exercise of option. The...
Section 5-12-16 - .Taxes and insurance added to rental properties--Authorization to self-insure. - 5-12-16. Taxes and insurance added to rental properties--Authorization to self-insure....
Section 5-12-17 - .Authority's power to use facilities for other purposes on nonpayment of rent--Appropriations and funds from which rent payable. - 5-12-17. Authority's power to use facilities for other purposes on...
Section 5-12-18 - .Costs and reserves to be covered by rent and charges. - 5-12-18. Costs and reserves to be covered by rent and...
Section 5-12-19 - .Tax exemption of property owned or leased by authority--Exception. - 5-12-19. Tax exemption of property owned or leased by authority--Exception....
Section 5-12-20 - .Resolutions for revenue bonds authorized--Purpose--Legislative approval required. - 5-12-20. Resolutions for revenue bonds authorized--Purpose--Legislative approval required. The Building...
Section 5-12-21 - .Purposes for which bonds issued--Refunding and refinancing--Pledge of income. - 5-12-21. Purposes for which bonds issued--Refunding and refinancing--Pledge of income....
Section 5-12-22 - .Terms and interest rate of bonds. - 5-12-22. Terms and interest rate of bonds. All such bonds...
Section 5-12-23 - .Revenues and income from which bonds payable--Use of educational facilities fund--Disposition of revenues. - 5-12-23. Revenues and income from which bonds payable--Use of educational...
Section 5-12-24 - .Execution and registration of bonds--Validity of signature by officers. - 5-12-24. Execution and registration of bonds--Validity of signature by officers....
Section 5-12-25 - .Restrictions on obligation stated on face of bonds. - 5-12-25. Restrictions on obligation stated on face of bonds. Each...
Section 5-12-26 - .Creation of state obligation not authorized. - 5-12-26. Creation of state obligation not authorized. Nothing in this...
Section 5-12-27 - .Contract with bondholders--Bondholders' remedies. - 5-12-27. Contract with bondholders--Bondholders' remedies. The provisions of this chapter...
Section 5-12-27.1 - .Refunding bonds authorized--Purposes. - 5-12-27.1. Refunding bonds authorized--Purposes. The Building Authority may issue negotiable...
Section 5-12-27.2 - .Amount of refunding bonds. - 5-12-27.2. Amount of refunding bonds. The Building Authority may issue...
Section 5-12-27.3 - .Exchange or sale of refunding bonds--Proceeds of sale--Cancellation of bonds and coupons--Evidence of discharge of interest obligation. - 5-12-27.3. Exchange or sale of refunding bonds--Proceeds of sale--Cancellation of...
Section 5-12-27.4 - .Exchange or sale of bonds--Disposition of proceeds of sale. - 5-12-27.4. Exchange or sale of bonds--Disposition of proceeds of sale....
Section 5-12-27.5 - .Assistance in conserving and improving soil and water resources of highly erodible cropland by means of loans--Revenue bonds and interim notes authorized. - 5-12-27.5. Assistance in conserving and improving soil and water resources...
Section 5-12-27.6 - .No indebtedness to be charged against state. - 5-12-27.6. No indebtedness to be charged against state. No indebtedness,...
Section 5-12-27.7 - .Acceptance and expenditure of gifts, contributions, etc., authorized. - 5-12-27.7. Acceptance and expenditure of gifts, contributions, etc., authorized. The...
Section 5-12-27.8 - .Lease and sublease agreements with South Dakota Building Authority authorized to support purpose and payment of revenue bonds or interim notes. - 5-12-27.8. Lease and sublease agreements with South Dakota Building Authority...
Section 5-12-28 - .Interim notes authorized--Purposes of borrowing. - 5-12-28. Interim notes authorized--Purposes of borrowing. In addition to the...
Section 5-12-29 - .Resolution for issuance of interim notes--Interest rate--Maturity date. - 5-12-29. Resolution for issuance of interim notes--Interest rate--Maturity date. Whenever...
Section 5-12-30 - .Terms and registration of interim notes--Redemption prior to maturity--Execution of notes--Pledge of income and revenue. - 5-12-30. Terms and registration of interim notes--Redemption prior to maturity--Execution...
Section 5-12-31 - .Additional provisions to secure payment of interim notes. - 5-12-31. Additional provisions to secure payment of interim notes. The...
Section 5-12-32 - .Debt limitations not applicable to interim notes--Personal liability not created by execution of notes. - 5-12-32. Debt limitations not applicable to interim notes--Personal liability not...
Section 5-12-33 - .Payment of interim notes or purchase of government obligations with proceeds from sale of revenue bonds. - 5-12-33. Payment of interim notes or purchase of government obligations...
Section 5-12-34 - .Disposition of income under chapter--Public building fund. - 5-12-34. Disposition of income under chapter--Public building fund. The gross...
Section 5-12-35 - .Accounts maintained by authority--Purpose of disbursements from public building fund. - 5-12-35. Accounts maintained by authority--Purpose of disbursements from public building...
Section 5-12-36 - .Authority to convey property to state when debt paid or payment provided for--Reversion to authority. - 5-12-36. Authority to convey property to state when debt paid...
Section 5-12-37 - .Record of rental payments under lease--Conveyance to lessee after amortization of debt. - 5-12-37. Record of rental payments under lease--Conveyance to lessee after...
Section 5-12-38 - .Annual audit. - 5-12-38. Annual audit. The Building Authority shall be audited annually...
Section 5-12-38.1 - .Informational budget required. - 5-12-38.1. Informational budget required. Notwithstanding any other provisions of law,...
Section 5-12-39 - .Contractual power of authority. - 5-12-39. Contractual power of authority. The Building Authority shall possess...
Section 5-12-40 - .Bylaws, rules, and regulations of authority. - 5-12-40. Bylaws, rules, and regulations of authority. To accomplish projects...
Section 5-12-41 - .Severability of provisions. - 5-12-41. Severability of provisions. If any clause or other portion...
Section 5-12-42 - .Sale and lease-back arrangements--Sales and land leases authorized--Use of proceeds. - 5-12-42. Sale and lease-back arrangements--Sales and land leases authorized--Use of...
Section 5-12-43 - .Sale and lease-back arrangements--Contracts to acquire use or ownership authorized--Terms. - 5-12-43. Sale and lease-back arrangements--Contracts to acquire use or ownership...
Section 5-12-44 - .Provisions applicable to contracts to acquire use or ownership. - 5-12-44. Provisions applicable to contracts to acquire use or ownership....
Section 5-12-45 - .Revenue bonds to finance sale and lease-back arrangements--Lending proceeds--Refund or refinance of obligations. - 5-12-45. Revenue bonds to finance sale and lease-back arrangements--Lending proceeds--Refund...
Section 5-12-46 - .Legislative approval required for sale and lease-back arrangements. - 5-12-46. Legislative approval required for sale and lease-back arrangements. No...
Section 5-12-47 - .Revenue obligations--Issuance--Purpose--Funds for payment. - 5-12-47. Revenue obligations--Issuance--Purpose--Funds for payment. The authority, with the approval...
Section 5-12-47.1 - .Payment of lease rental obligations to South Dakota Building Authority by Bureau of Finance and Management. - 5-12-47.1. Payment of lease rental obligations to South Dakota Building...
Section 5-12-47.2 - .Irrevocable escrow agreement for defeasance and payment of lease revenue trust certificates and bonds--Arrangements to pay governmental expenses. - 5-12-47.2. Irrevocable escrow agreement for defeasance and payment of lease...
Section 5-12-48 - .Definition of terms. - 5-12-48. Definition of terms. Terms used in §§5-12-48 to 5-12-61,...
Section 5-12-48.1 - .Authority may invest funds in certain permitted investments. - 5-12-48.1. Authority may invest funds in certain permitted investments. In...
Section 5-12-49 - .Transfer and sale of state's right to tobacco settlement revenues--Disposition of funds--Written agreement--Filing of agreement. - 5-12-49. Transfer and sale of state's right to tobacco settlement...
Section 5-12-50 - .Establishment of special purpose corporation--Limitations--Board membership--Powers of corporation. - 5-12-50. Establishment of special purpose corporation--Limitations--Board membership--Powers of corporation. The...
Section 5-12-50.1 - .Bond transactions to be public records subject to disclosure. - 5-12-50.1. Bond transactions to be public records subject to disclosure....
Section 5-12-51 - .Purposes of special purpose corporation. - 5-12-51. Purposes of special purpose corporation. The purposes of the...
Section 5-12-52 - .Bonds of corporation not a lien, charge or liability against the state--Pledge of education enhancement trust funds prohibited. - 5-12-52. Bonds of corporation not a lien, charge or liability...
Section 5-12-53 - .Pledge of non-interference by state to impair terms of bonds--Liability of state on bonds. - 5-12-53. Pledge of non-interference by state to impair terms of...
Section 5-12-54 - .Liability of authority and special purpose corporation. - 5-12-54. Liability of authority and special purpose corporation. The authority...
Section 5-12-55 - .Special purpose corporation treated as public instrumentality of state--Income of authority and corporation not taxed--Obligations of corporation deemed public securities. - 5-12-55. Special purpose corporation treated as public instrumentality of state--Income...
Section 5-12-56 - .Employees of special purpose corporation. - 5-12-56. Employees of special purpose corporation. The corporation may employ...
Section 5-12-59 - .State pledge to honor agreements of authority or corporation with regard to certain federal income tax exclusions. - 5-12-59. State pledge to honor agreements of authority or corporation...
Section 5-12-61 - .Authority may contract to manage payment or interest rate risk for bonds. - 5-12-61. Authority may contract to manage payment or interest rate...