CHAPTER 11-11
SOUTH DAKOTA HOUSING DEVELOPMENT AUTHORITY
11-11-1 Legislative findings.
11-11-2 Declaration of necessity for development authority.
11-11-3 Powers necessary for development authority.
11-11-4 Declaration of public purposes and public interest.
11-11-5 Definition of terms.
11-11-5.1 Repealed by SL 2012, ch 78, § 2.
11-11-6 Developments and projects subject to chapter.
11-11-7 Sponsors eligible under chapter.
11-11-8 11-11-8. Repealed by SL 1983, ch 106, § 4G
11-11-9 Costs covered by chapter.
11-11-10 Development authority established--Administrator of federal housing program.
11-11-11 Reporting to Governor's Office of Economic Development.
11-11-12 Appointment of commissioners--Political affiliations.
11-11-13 State officers and employees eligible as commissioners.
11-11-14 Corporate officers and employees eligible as commissioners--Abstention on conflict of interests.
11-11-15 Terms of office of commissioners--Vacancy--Restrictions on reappointment.
11-11-16 Surety bonds of commissioners and executive director--Blanket bond--Payment of cost.
11-11-17 Removal of commissioner from office.
11-11-18 Officers of commissioners.
11-11-19 Meetings of commissioners--Quorum--Majority required for action.
11-11-20 Compensation of commissioners.
11-11-21 Executive director--Appointment and duties--Other personnel.
11-11-22 Salaries.
11-11-23 Benefits of state employees provided.
11-11-24 Records maintained by secretary--Certified copies--Publication of resolutions.
11-11-25 Powers of local commissions conferred upon authority--Approval by local governing body required--Cooperation with local commissions.
11-11-26 Power to carry out chapter.
11-11-27 Power to sue and be sued--Seal--Perpetual succession--Office.
11-11-28 Consolidation of processing for developments and projects.
11-11-29 Policy favoring private business firms.
11-11-30 Bylaws, rules, and regulations.
11-11-31 Research and development.
11-11-32 Repealed by SL 2012, ch 78, § 15.
11-11-33 Advice and technical assistance to developments, projects and residents.
11-11-34 Cooperation with federal and other governmental agencies.
11-11-35 Repealed by SL 2012, ch 78, § 18.
11-11-36 Execution of necessary instruments.
11-11-37 Acceptance of legislative appropriations--Purposes to which applied.
11-11-38 Annual informational budget required--Inclusion in Governor's budget report.
11-11-39 Acceptance of grants and contributions--Purposes to which applied.
11-11-40 Residual powers of authority.
11-11-41 Power to borrow and issue evidence of indebtedness.
11-11-42 Financing, reserves, and incidental costs included in amounts borrowed.
11-11-43 Issuance of notes and bonds--Purposes for which used.
11-11-44 Repealed by SL 2012, ch 78, § 24.
11-11-45 Qualified private activity bonds--Maximum aggregate principal amount.
11-11-46 11-11-46. Repealed by SL 1991, ch 116, § 1
11-11-47 Authority as state issuing agency and housing credit agency.
11-11-48 Compliance with federal conditions for qualified mortgage bonds.
11-11-49 Public debt not created by authority obligations--Statement on face of obligations.
11-11-50 Refunding of notes and bonds.
11-11-51 Consent of other public agencies not required for bonds or notes--Procedural requirements of other laws not applicable.
11-11-52 Terms of notes and bonds--Maturity--Form of instruments--Interest--Redemption--Sale.
11-11-53 Notes and bonds as general obligations of authority--Exception.
11-11-54 Bond resolution provisions--Contracts with bondholders.
11-11-55 Repealed by SL 2012, ch 78, §§ 30 to 39.
11-11-65 Trust indenture to secure bonds--Contents--Expenses of trust indenture--Separate trustee not authorized.
11-11-66 Pledge binding when made--Attachment of lien.
11-11-67 Continuing validity of signatures by commissioners or officers.
11-11-68 Repealed by SL 2012, ch 78, § 41.
11-11-69 Purpose of capital reserve fund requirements.
11-11-70 Establishment of capital reserve funds--Moneys paid into funds.
11-11-71 Amount required in capital reserve fund for each year.
11-11-72 Valuation of securities held by capital reserve funds.
11-11-73 Transfer to other funds of capital reserve fund income.
11-11-74 Purposes to which moneys in reserve funds applied--Maintenance of required amount.
11-11-75 Deposit in reserve fund of bond proceeds necessary to maintain required amount.
11-11-76 Annual budget estimate for restoration of capital reserve fund--Governor's budget--Deposit of appropriated funds.
11-11-77 Other funds created by authority.
11-11-78 Purchase of authority's own bonds--Cancellation--Resale.
11-11-79 Price of bonds repurchased for cancellation.
11-11-80 Refunding obligations authorized--Application of provisions applicable to original obligations.
11-11-81 Sale or exchange of refunding obligations--Investment of proceeds pending redemption of original obligations.
11-11-82 Compliance with certain other state laws not required.
11-11-83 Appointment of trustee by bondholders after authority default.
11-11-84 Enforcement of bondholders' rights.
11-11-85 Repealed by SL 2012, ch 78, §§ 48 to 53.
11-11-91 Circuit court jurisdiction of proceedings by trustee.
11-11-92 Repealed by SL 2012, ch 78, § 55.
11-11-93 State pledge to bondholders.
11-11-94 Commissioners and executive director not personally liable.
11-11-95 Negotiability of bonds.
11-11-96 Securities regulation--Bonds treated as securities of state instrumentality.
11-11-97 Bonds as legal investments for financial institutions and fiduciaries.
11-11-97.1 Authority may contract to manage payment or interest rate risk for bonds.
11-11-98 Investment of authority funds.
11-11-99 Repealed by SL 2012, ch 78, § 61.
11-11-100 Acquisition and disposition of property.
11-11-101 Exemption of authority from taxes, recording fees and transfer taxes.
11-11-102 Contracts--Mortgage loans--Foreclosure.
11-11-103 Repealed by SL 2012, ch 78, §§ 64 to 69.
11-11-109 11-11-109. Repealed by SL 1983, ch 106, § 4L
11-11-110 Repealed by SL 2012, ch 78, §§ 70 to 72.
11-11-113 11-11-113. Repealed by SL 1983, ch 106, § 4P
11-11-114 Confidentiality of applications and financial information.
11-11-115 Applications--Signatures and certification required--Perjury.
11-11-116 Repealed by SL 2012, ch 78, § 73.
11-11-117 Construction to be substantially completed, or final insurance or guarantee certificate issued before loan disbursed.
11-11-118 Additional lending powers of authority.
11-11-119 Purchase of mortgages from mortgage lenders.
11-11-120 Purchase of securities from mortgage lenders.
11-11-121 Repealed by SL 2012, ch 78, § 75.
11-11-122 Loans to mortgage lenders for new residential mortgages.
11-11-123 Requirements for transactions with mortgage lenders.
11-11-124 Eligibility of obligations purchased from mortgage lenders for purchase or purchase commitment--Criteria.
11-11-125 11-11-125. Repealed by SL 1983, ch 106, § 4V
11-11-126 Repealed by SL 2012, ch 78, §§ 77 to 84.
11-11-134 Purchase of federally insured housing mortgages.
11-11-135 Sale or transfer of mortgage loan or obligation.
11-11-136 Repealed by SL 2012, ch 78, § 87.
11-11-137 Court actions to enforce loans or protect the public interest--Foreclosure.
11-11-138 Receiver appointed to safeguard authority's loan.
11-11-139 Reorganization of housing sponsor subject to control by authority.
11-11-140 Notice to authority before sale of real property on judgment against housing sponsor--Protective steps taken by authority.
11-11-141 Promulgation of rules regarding borrowers, admission of occupants, and ancillary commercial facilities.
11-11-142 Repealed by SL 2012, ch 78, §§ 90, 91.
11-11-144 Provisions governing loans and other financing to sponsors of multifamily units and day-care facilities.
11-11-145 Repealed by SL 2012, ch 78, §§ 92 to 95.
11-11-148 Loans restricted to sponsors meeting statutory definition.
11-11-149 Amount and amortization period of FHA loans.
11-11-150 Amount and amortization of non-FHA loans.
11-11-151 Terms and form of loans or other financing--Investment in multifamily residential housing projects and day-care facilities.
11-11-152 Interest rates on which loans made--Additional charges.
11-11-153 11-11-153. Repealed by SL 1983, ch 106, § 4CC
11-11-154 Repealed by SL 2012, ch 78, § 97.
11-11-155 Surety bonds and other assurances of payment and performance.
11-11-156 Repealed by SL 2012, ch 78, §§ 99 to 103.
11-11-161 Conditions of mortgage loan or other financing.
11-11-162 Repealed by SL 2012, ch 78, § 105.
11-11-163 Supervision of multifamily residential housing units and day-care facilities.
11-11-164 Repealed by SL 2012, ch 78, §§ 107 to 109.
11-11-167 11-11-167. Repealed by SL 1983, ch 106, § 4EE
11-11-168 Repealed by SL 2012, ch 78, §§ 110, 111.
11-11-170 11-11-170 to 11-11-174. Repealed by SL 1983, ch 106, §§ 4GG to 4KK
11-11-175 Repealed by SL 2012, ch 78, §§ 112 to 115.
11-11-179 Retirement and redemption of investments in sponsor of multifamily units and day-care facilities.
11-11-180 General power to make rules and regulations.
11-11-181 Annual report by authority to Governor and Legislature.
11-11-182 Annual audit of authority.
11-11-183 Chapter cumulative and supplemental to other laws.
11-11-184 Chapter controlling over other laws.
11-11-185 Citation of chapter.
11-11-186 Repealed by SL 2012, ch 78, §§ 117 to 119.