{"data":{"id":"us-sd/sdcl-49-16b-42","jurisdiction":"us-sd","citation":"SDCL § 49-16B-42","heading":"Authority to account for income--Disbursements from accounts in fund.","body":"The authority shall keep account of the gross total income derived from each separate project or any combination thereof undertaken pursuant to this chapter. Disbursements from a given account in the railroad authority fund shall be ordered by the authority only for the payment of:\n(1) The principal of and interest on the bonds issued for each project, or combination thereof;\n(2) The cost of maintenance and operation of the facility or facilities, unless otherwise provided for; and\n(3) Any other purposes set forth in the resolution authorizing the issuance of said bonds.","path":["TITLE 49. PUBLIC UTILITIES AND CARRIERS","CHAPTER 49-16B. SOUTH DAKOTA RAILROAD AUTHORITY"],"source_url":"https://sdlegislature.gov/Statutes/49-16B-42","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"1f26e7717b40113244795eec2ef4e580d988ef9a508906966832e439c801103f","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-49-16b-41","next":"us-sd/sdcl-49-16b-43"},"notice":"GroundRules: Original legal text. Not legal advice."}