6-8B-15. Powers as issuer of negotiable investment securities.The governing body of each public body may do all acts permitted or required of issuers of negotiable investment securities under chapter 57A-8, including but not limited to, the issuance of bonds in registered form and the registration, exchange, and transfer of ownership thereof on the books of the public body. Source: SL 1984, ch 43, §15.
South Dakota Legal Code