<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 9-38-66 - References in revenue bonds to authorizing resolution--Negotiability of bonds. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2036874Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2036874SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2036874CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2036874Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2036874DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2036874000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2036874SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2036874SCL-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } body { text-decoration-skip-ink: none; } </style></head><body><div><p dir="ltr" class="s2036874Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=9-38-66"><span class="s2036874SENU">9-38-66</span></a><span xml:space="preserve" class="s2036874SENU">. </span><span class="s2036874CL">References in revenue bonds to authorizing resolution--Negotiability of bonds.</span></p><p dir="ltr" class="s2036874Normal-000000"><span xml:space="preserve" class="s2036874DefaultParagraphFont">Bonds issued pursuant to §§ </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=9-38-61"><span class="s2036874DefaultParagraphFont">9-38-61</span></a><span xml:space="preserve" class="s2036874DefaultParagraphFont"> to </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=9-38-75"><span class="s2036874DefaultParagraphFont">9-38-75</span></a><span xml:space="preserve" class="s2036874DefaultParagraphFont">, inclusive, 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 </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=57A-8"><span class="s2036874DefaultParagraphFont">57A-8</span></a><span xml:space="preserve" class="s2036874DefaultParagraphFont"> notwithstanding any conditions expressed therein or in the resolutions.</span></p><p dir="ltr" class="s2036874Normal"><span xml:space="preserve" class="s2036874000001"> </span></p><p dir="ltr" class="s2036874Normal"><span class="s2036874SCL">Source:</span><span xml:space="preserve" class="s2036874SCL-000002"> SL 1957, ch 258, § 5; SDC Supp 1960, § 45.24D05; SL 1984, ch 43, § 75.</span></p></div></body></html>