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U.S. State Codes
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South-Dakota
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Title 9 - Municipal Government
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Chapter 40 - Utility Facilities And Revenue Bonds
Chapter 40 - Utility Facilities And Revenue Bonds
§ 9-40-1 Municipal power to acquire and operate utility systems--Types of services provided--Limits of service area.
§ 9-40-2 Systems defined as utilities.
§ 9-40-3 Combining of systems and services into single utility system.
§ 9-40-4 Utility facilities outside municipal limits.
§ 9-40-4.1 Water pollution prevention contracts.
§ 9-40-4.2 Financial aid for sewerage and water facility systems--Federal contracts.
§ 9-40-4.3 Contracts and creation of body for operation of sewerage and water facility systems.
§ 9-40-5 Bond issue for erection or acquisition of utility--Credit of municipality not used--Authorization--Issuance--Sale.
§ 9-40-6 Revenue bond issue for extension or improvement of utility.
§ 9-40-7 Additional revenue bonds authorized when original issue insufficient--Priority of issues.
§ 9-40-8 Provision for additional bond issues of equal standing.
§ 9-40-9 Provision for extension or improvement of utility by additional bond issue--Junior to prior issues.
§ 9-40-10 Resolution or ordinance to refer to chapter--Purchase price for utility to be specified.
§ 9-40-11 Ordinance provisions for utility operation and security of bondholders.
§ 9-40-12 to 9-40-14. Repealed.
§ 9-40-15 Bonds payable from revenue--Circumstances not requiring election.
§ 9-40-15.1 Collection of charges for sewerage, water services, and drainage basin utility districts--Amount and basis of charges--Surcharge on water bills.
§ 9-40-16 Pledge of revenue to separate fund--Separate account for bond payments and reserve--Depreciation account and operational costs.
§ 9-40-17 Revenue pledged to payment of extension and improvement bonds--Prior pledge for original bond issue.
§ 9-40-18 Taxing power not used for payment of revenue bonds--Restriction on use of other municipal funds.
§ 9-40-19 Chapter and resolution or ordinance incorporated in terms of bonds.
§ 9-40-20 Repealed.
§ 9-40-21 Separate or combined acquisition of utilities--Purchase price.
§ 9-40-22 Payment of purchase price by issuance of bonds.
§ 9-40-23 Bonds set apart for payment of underlying debt--Income set aside for debt retirement.
§ 9-40-24 Exchange of bonds for underlying debt--Application of proceeds to debt.
§ 9-40-25 Bondholders' statutory mortgage on utility--Disposition of utility prohibited until bonds retired.
§ 9-40-26 Statutory lien continued until bonds paid.
§ 9-40-27 Enforcement by bondholders of statutory mortgage and requirements of chapter.
§ 9-40-28 Rates to cover bond retirement and operational costs.
§ 9-40-29 Municipality to pay for services rendered by utility.
§ 9-40-30 Surplus transferred to depreciation account.
§ 9-40-31 Expenditures from depreciation account--Investment of accumulations.
§ 9-40-32 Surplus applied to other municipal or public purposes.
§ 9-40-33 Receivership on default or mismanagement--Powers of receiver.
§ 9-40-34 Judicial approval of rates charged during receivership--Criteria for establishment of rates.
§ 9-40-35 Termination of receivership and restoration of municipal control.
§ 9-40-36 Repealed.
§ 9-40-37 Sale and lease-back arrangements for waterworks and waste disposal facilities.
§ 9-40-38 Sale of waterworks and waste disposal facilities--Conditions.
§ 9-40-39 Tax exemption of waterworks and waste disposal facilities.
§ 9-40-40 Sale and lease-back powers additional--Restrictions.
§ 9-40-41 Drainage utility fund--Fees.