{"data":{"id":"us-sd/sdcl-1-16a-54.2","jurisdiction":"us-sd","citation":"SDCL § 1-16A-54.2","heading":"Amount and terms of securities purchased--Mortgage--Insurance and guaranties.","body":"Any securities purchased pursuant to § 1-16A-54.1 shall have the same principal amounts, maturities, and interest rates as the bonds being issued pursuant to § 1-16A-54.1. If the authority deems it advisable, the securities may be secured by a first mortgage lien on the educational or health facility being financed. If a mortgage is required, the securities are subject to any exception approved by the authority and created by a mortgage instrument satisfactory to the authority. The securities may be insured or guaranteed by others.","path":["TITLE 1. STATE AFFAIRS AND GOVERNMENT","CHAPTER 1-16A. HEALTH AND EDUCATIONAL FACILITIES AUTHORITY"],"source_url":"https://sdlegislature.gov/Statutes/1-16A-54.2","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:56Z","sha256":"1e146edcdc19985cb21e119bfe4f3cd6615845e41af313c8b90f12e261d2edd3","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-1-16a-54.1","next":"us-sd/sdcl-1-16a-54.3"},"notice":"GroundRules: Original legal text. Not legal advice."}