Bonds issued pursuant to § 50-6A-29 shall be sold at public sale, except when such obligations do not exceed the total sum of one hundred thousand dollars, and shall bear interest.
S.D. Codified Laws § 50-6A-34
Public sale of bonds--Small issues excepted--Interest
Known as the Airport Authorities Act
The act spans §§ 50-6A-1 to 50-6A-9 (55 sections).
Source: SL 1976, ch 303, § 13; SL 1983, ch 28, § 64.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.