South Dakota Codified Laws 46A-1-43. Recording not required for bond protection
Current as of: 2023 | Check for updates
|
Other versions
Neither the resolution authorizing the bonds nor any financing statement or other instrument or document need be filed or recorded in any public records in order to perfect the lien on the pledge of the revenues to pay the bonds as against third parties.
Terms Used In South Dakota Codified Laws 46A-1-43
- Lien: A claim against real or personal property in satisfaction of a debt.
Source: SL 1972, ch 241, § 42; SDCL Supp, § 46-17A-41.