Chapter

SOUTH DAKOTA BUILDING AUTHORITY

S.D. Codified Laws § 5-12-1— Authority created--Composition--Initial terms--Political affiliation--Chairman
S.D. Codified Laws § 5-12-1.1— Authority continued within Bureau of Finance and Management--Records and reports
S.D. Codified Laws § 5-12-1.2— Meaning of United States Department of Agriculture Conservation Reserve Program
S.D. Codified Laws § 5-12-2— Terms of members--Vacancies--Quorum
S.D. Codified Laws § 5-12-3— Oath and bond of members
S.D. Codified Laws § 5-12-4— Members receive no compensation--Reimbursement of expenses
S.D. Codified Laws § 5-12-5— Employment of personnel
S.D. Codified Laws § 5-12-6— Common seal of authority
S.D. Codified Laws § 5-12-7— Purposes of authority
S.D. Codified Laws § 5-12-8— Studies and investigations of land needs
S.D. Codified Laws § 5-12-8.1— Additional powers with respect to projects under § 5-12-8
S.D. Codified Laws § 5-12-9— 5-12-9. Repealed by SL 1988, ch 51, § 3
S.D. Codified Laws § 5-12-10— Transfer of state property to authority
S.D. Codified Laws § 5-12-11— Power of authority to acquire property--Methods of acquisition
S.D. Codified Laws § 5-12-11.1— Standards and specifications to accommodate persons with disabilities
S.D. Codified Laws § 5-12-12— Plans and specifications for projects to be undertaken
S.D. Codified Laws § 5-12-13— Lease of facilities and sites to state agencies authorized--Commencement of payments under lease
S.D. Codified Laws § 5-12-14— Terms, conditions, and rental under leases--Annual extension provision
S.D. Codified Laws § 5-12-15— Lessee's option to purchase--Conveyance on exercise of option
S.D. Codified Laws § 5-12-16— Taxes and insurance added to rental properties--Authorization to self-insure
S.D. Codified Laws § 5-12-17— Authority's power to use facilities for other purposes on nonpayment of rent--Appropriations and funds from which rent payable
S.D. Codified Laws § 5-12-18— Costs and reserves to be covered by rent and charges
S.D. Codified Laws § 5-12-19— Tax exemption of property owned or leased by authority--Exception
S.D. Codified Laws § 5-12-20— Resolutions for revenue bonds authorized--Purpose--Legislative approval required
S.D. Codified Laws § 5-12-21— Purposes for which bonds issued--Refunding and refinancing--Pledge of income
S.D. Codified Laws § 5-12-22— Terms and interest rate of bonds
S.D. Codified Laws § 5-12-23— Revenues and income from which bonds payable--Use of educational facilities fund--Disposition of revenues
S.D. Codified Laws § 5-12-24— Execution and registration of bonds--Validity of signature by officers
S.D. Codified Laws § 5-12-25— Restrictions on obligation stated on face of bonds
S.D. Codified Laws § 5-12-26— Creation of state obligation not authorized
S.D. Codified Laws § 5-12-27— Contract with bondholders--Bondholders' remedies
S.D. Codified Laws § 5-12-27.1— Refunding bonds authorized--Purposes
S.D. Codified Laws § 5-12-27.2— Amount of refunding bonds
S.D. Codified Laws § 5-12-27.3— Exchange or sale of refunding bonds--Proceeds of sale--Cancellation of bonds and coupons--Evidence of discharge of interest obligation
S.D. Codified Laws § 5-12-27.4— Exchange or sale of bonds--Disposition of proceeds of sale
S.D. Codified Laws § 5-12-27.5— Assistance in conserving and improving soil and water resources of highly erodible cropland by means of loans--Revenue bonds and interim notes authorized
S.D. Codified Laws § 5-12-27.6— No indebtedness to be charged against state
S.D. Codified Laws § 5-12-27.7— Acceptance and expenditure of gifts, contributions, etc., authorized
S.D. Codified Laws § 5-12-27.8— Lease and sublease agreements with South Dakota Building Authority authorized to support purpose and payment of revenue bonds or interim notes
S.D. Codified Laws § 5-12-28— Interim notes authorized--Purposes of borrowing
S.D. Codified Laws § 5-12-29— Resolution for issuance of interim notes--Interest rate--Maturity date
S.D. Codified Laws § 5-12-30— Terms and registration of interim notes--Redemption prior to maturity--Execution of notes--Pledge of income and revenue
S.D. Codified Laws § 5-12-32— Debt limitations not applicable to interim notes--Personal liability not created by execution of notes
S.D. Codified Laws § 5-12-33— Payment of interim notes or purchase of government obligations with proceeds from sale of revenue bonds
S.D. Codified Laws § 5-12-34— Disposition of income under chapter--Public building fund
S.D. Codified Laws § 5-12-35— Accounts maintained by authority--Purpose of disbursements from public building fund
S.D. Codified Laws § 5-12-36— Authority to convey property to state when debt paid or payment provided for--Reversion to authority
S.D. Codified Laws § 5-12-37— Record of rental payments under lease--Conveyance to lessee after amortization of debt
S.D. Codified Laws § 5-12-38— Annual audit
S.D. Codified Laws § 5-12-38.1— Informational budget required
S.D. Codified Laws § 5-12-39— Contractual power of authority
S.D. Codified Laws § 5-12-40— Bylaws, rules, and regulations of authority
S.D. Codified Laws § 5-12-41— Severability of provisions
S.D. Codified Laws § 5-12-42— Sale and lease-back arrangements--Sales and land leases authorized--Use of proceeds
S.D. Codified Laws § 5-12-43— Sale and lease-back arrangements--Contracts to acquire use or ownership authorized--Terms
S.D. Codified Laws § 5-12-44— Provisions applicable to contracts to acquire use or ownership
S.D. Codified Laws § 5-12-45— Revenue bonds to finance sale and lease-back arrangements--Lending proceeds--Refund or refinance of obligations
S.D. Codified Laws § 5-12-46— Legislative approval required for sale and lease-back arrangements
S.D. Codified Laws § 5-12-47— Revenue obligations--Issuance--Purpose--Funds for payment
S.D. Codified Laws § 5-12-47.1— Payment of lease rental obligations to South Dakota Building Authority by Bureau of Finance and Management
S.D. Codified Laws § 5-12-47.2— Irrevocable escrow agreement for defeasance and payment of lease revenue trust certificates and bonds--Arrangements to pay governmental expenses
S.D. Codified Laws § 5-12-48— Definition of terms
S.D. Codified Laws § 5-12-48.1— Authority may invest funds in certain permitted investments
S.D. Codified Laws § 5-12-49— Transfer and sale of state's right to tobacco settlement revenues--Disposition of funds--Written agreement--Filing of agreement
S.D. Codified Laws § 5-12-50— Establishment of special purpose corporation--Limitations--Board membership--Powers of corporation
S.D. Codified Laws § 5-12-50.1— Bond transactions to be public records subject to disclosure
S.D. Codified Laws § 5-12-51— Purposes of special purpose corporation
S.D. Codified Laws § 5-12-52— Bonds of corporation not a lien, charge or liability against the state--Pledge of education enhancement trust funds prohibited
S.D. Codified Laws § 5-12-53— Pledge of non-interference by state to impair terms of bonds--Liability of state on bonds
S.D. Codified Laws § 5-12-54— Liability of authority and special purpose corporation
S.D. Codified Laws § 5-12-55— Special purpose corporation treated as public instrumentality of state--Income of authority and corporation not taxed--Obligations of corporation deemed public securities
S.D. Codified Laws § 5-12-56— Employees of special purpose corporation
S.D. Codified Laws § 5-12-57— 5-12-57, 5-12-58. Repealed by SL 2013, ch 28, §§ 5, 6
S.D. Codified Laws § 5-12-59— State pledge to honor agreements of authority or corporation with regard to certain federal income tax exclusions
S.D. Codified Laws § 5-12-60— 5-12-60. Repealed by SL 2013, ch 28, § 8
S.D. Codified Laws § 5-12-61— Authority may contract to manage payment or interest rate risk for bonds