§ 9-41A-34 Encumbrance of property to secure obligations.

SD Codified L § 9-41A-34 (2019) (N/A)
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9-41A-34. Encumbrance of property to secure obligations. A municipal power agency may mortgage, pledge, and grant a security interest in any or all of its real and personal property to secure the payment of its bonds, notes, or other obligations or contracts.

Source: SL 1978, ch 66, § 31.