{"data":{"id":"us-sd/sdcl-11-7-93","jurisdiction":"us-sd","citation":"SDCL § 11-7-93","heading":"Income and revenues from which bonds payable--Additional pledge of other funds or assets.","body":"A commission may issue such types of bonds as it may determine, including (without limiting the generality of the foregoing) bonds on which the principal and interest are payable:\n(1) Exclusively from the income and revenues of the project financed with the proceeds of such bonds;\n(2) Exclusively from the income and revenues of certain designated projects whether or not they are financed in whole or in part with the proceeds of such bonds; or\n(3) From its revenues generally, provided that the housing projects and redevelopment projects of a commission shall be separately financed, and there shall be no confusion of financing or funds between projects of these two separate types.\nAny such bonds may be additionally secured by a pledge of any grant or contributions, or parts thereof, from the federal government or other source, or a pledge of any income or revenues of the commission, or a mortgage of any project, projects, or other property of the commission.","path":["TITLE 11. PLANNING, ZONING AND HOUSING PROGRAMS","CHAPTER 11-7. COUNTY AND MUNICIPAL HOUSING AND REDEVELOPMENT"],"source_url":"https://sdlegislature.gov/Statutes/11-7-93","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:56Z","sha256":"4229b623b5ff63b0ea44bdedfeedbec3a75fc9ac26b6ab4e4df0392ec6787b79","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-11-7-92","next":"us-sd/sdcl-11-7-94"},"notice":"GroundRules: Original legal text. Not legal advice."}
