South Dakota Codified Laws 1-16A-81. Discounted sale of education savings bonds–Interest–Payment at maturity
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Education savings bonds or certificates of participation may be sold at any discount to be determined by the authority, need not bear a stated rate of interest, and may be payable in one payment at maturity on a fixed date.
Terms Used In South Dakota Codified Laws 1-16A-81
- Authority: means the South Dakota Health and Educational Facilities Authority created by this chapter. See South Dakota Codified Laws 1-16A-2
Source: SL 1990, ch 10, § 4.