SDCL 13-16-29 School District Repayment Fund Created-Pledge of Revenues-Creation of Sub-Funds Or Accounts

LibrarySouth Dakota Statutes
Edition2023
CurrencyCurrent through the 2023 Legislative Session
Year2023
CitationSDCL 13-16-29

There is created a separate trust fund designated the school district repayment fund consisting of all revenues with respect to school district lease, resolution, certificate, or other arrangement, or any bond, note, or certificate issued to or in connection with a program sponsored by the Health and Educational Facilities Authority for school districts and entered into under §§ 13-13-39, 13-16-6.4, 13-16-7, and 13-19-27 to 13-19-29, inclusive. The Health and Educational Facilities Authority may pledge revenues received or to be received by the fund to secure...

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