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South Dakota · Through 2026-08-31 · Newer source version available

SDCL § 1-16A-46: Pooling of leases for pledge of revenues.

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Where this section sits in the code
  1. TITLE 1. STATE AFFAIRS AND GOVERNMENT
  2. CHAPTER 1-16A. HEALTH AND EDUCATIONAL FACILITIES AUTHORITY

In addition to the foregoing, bonds of the authority may be secured by a pooling of leases whereby the authority may assign its rights, as lessor, and pledge rents under two or more leases of the facilities with two or more participating health institutions or participating educational institutions, as lessees respectively, upon such terms as may be provided for in the resolutions of the authority or as may be provided for in a trust indenture authorized by the authority.

Collected 2026-09-03T15:18:56Z. Source file · JSON

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