SDCL § 1-16B-61: Redemption of bonds.
Where this section sits in the code
- TITLE 1. STATE AFFAIRS AND GOVERNMENT
- CHAPTER 1-16B. ECONOMIC DEVELOPMENT FINANCE AUTHORITY
The authority, subject to any agreements with bondholders as may then exist, may refund, purchase, or cancel the authority's bonds out of any funds available therefor, at any reasonable price which, if the bonds are then redeemable, may not exceed the redemption price then applicable plus accrued interest to the next interest payment thereon.
Collected 2026-09-03T15:18:56Z. Source file · JSON