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§ 6-8B-39 Bonds payable from different sources--Refunding by single issue prohibited.

SD Codified L § 6-8B-39 (2019) (N/A)
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6-8B-39. Bonds payable from different sources--Refunding by single issue prohibited. No two or more issues or parts of issues of outstanding bonds may be refunded by a single issue of refunding bonds unless all of the outstanding bonds are payable from the same fund or source.

Source: SL 1984, ch 43, § 34A.

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§ 6-8B-38 Combining outstanding issues for refunding--Combining refunding and other purposes--Issue in series.
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§ 6-8B-40 Refunding bonds not payable from same source as bonds being refunded--Election required.