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§ 49-16b-26 — South Dakota Law | CourtGPT
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  6. § 49-16b-26
South Dakota Legal Code

§ 49-16b-26

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49-16B-26. Bonds--Repayment from lease income and revenues from facilities financed.Such bonds shall be payable solely and only from:(1)Income to be derived from rental leases as provided in §§49-16B-15 to 49-16B-21, inclusive; and(2)Revenues to be derived by the authority from the operation of such facilities acquired, constructed, improved, or equipped in whole or in part with the proceeds of such bonds. Source: SL 1980, ch 323, §25.