SDCL § 49-16B-26: Bonds--Repayment from lease income and revenues from facilities financed.
Where this section sits in the code
- TITLE 49. PUBLIC UTILITIES AND CARRIERS
- CHAPTER 49-16B. SOUTH DAKOTA RAILROAD AUTHORITY
Such bonds shall be payable solely and only from:
(1) Income to be derived from rental leases as provided in §§ 49-16B-15 to 49-16B-21, inclusive; and
(2) Revenues to be derived by the authority from the operation of such facilities acquired, constructed, improved, or equipped in whole or in part with the proceeds of such bonds.
Collected 2026-09-03T15:18:57Z. Source file · JSON