Bonds issued pursuant to § 28-18-7 may refer to the authorizing resolution or resolutions for matters not expressed in the bonds, but they shall be negotiable investment securities within the meaning of chapter 57A-8, notwithstanding any conditions expressed therein or in the resolutions.
S.D. Codified Laws § 28-18-12
Reference in bonds to authorizing resolutions--Negotiability
Source: SL 1963, ch 286, § 5; SL 1984, ch 43, § 107.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.