§ 13-51A-1 Definitions
§ 13-51A-2 Power to acquire property
§ 13-51A-3 Power to accept grants
§ 13-51A-4 Borrowing power of board
§ 13-51A-5 Interim notes authorized–Purposes
§ 13-51A-6 Terms of interim notes–Maturity date–Extension
§ 13-51A-7 Security for payment of interim notes–Sources of payment
§ 13-51A-8 Additional provisions to make interim notes salable
§ 13-51A-9 Registration of interim notes–Interest payments–Redemption
§ 13-51A-10 Execution of interim notes
§ 13-51A-11 Sale of interim notes
§ 13-51A-12 Payment of interim notes on issuance of bonds
§ 13-51A-13 Power to issue bonds–Purposes–Resolution–Signatures
§ 13-51A-14 Terms of bonds
§ 13-51A-15 Pledge of income for security of bonds
§ 13-51A-16 Rights of prior bondholders protected
§ 13-51A-17 Covenant to maintain adequate income for bond retirement
§ 13-51A-18 Covenant against debt or charge endangering income pledged to bond retirement
§ 13-51A-19 Covenant against alienation of project so as to endanger bond security
§ 13-51A-20 Additional covenants for security of bonds
§ 13-51A-21 Trustee for bondholders–General powers–Trust agreement
§ 13-51A-22 Covenants to take actions for benefit of bondholders
§ 13-51A-23 Prohibition against obligating state
§ 13-51A-24 Limited obligation of bonds
§ 13-51A-25 Recording not required to perfect lien
§ 13-51A-26 Validity of bonds despite expiration of terms of officers–Irregularities in proceedings
§ 13-51A-27 Sale of bonds–Minimum price
§ 13-51A-28 Negotiability of bonds
§ 13-51A-29 Bonds as legal investments
§ 13-51A-30 Deposit of bond proceeds and revenues–Security–Disbursement
§ 13-51A-31 Agreements as to custody of funds
§ 13-51A-32 Actions for enforcement of chapter and resolutions
§ 13-51A-33 Power to issue refunding bonds for matured obligations
§ 13-51A-34 Exchange of refunding bonds–Sale and use of proceeds–Cancellation of bonds and coupons received
§ 13-51A-35 Power to issue refunding bonds for unmatured obligations
§ 13-51A-36 Exchange or sale of refunding bonds–Use of proceeds
§ 13-51A-37 Contracts and leases to carry out purposes
§ 13-51A-38 Parietal rules
§ 13-51A-39 Establishment and collection of fees
§ 13-51A-40 Retention of revenues by board
§ 13-51A-41 Accounting for project financing–Audits
§ 13-51A-42 Supplemental nature of chapter–Conflicting provisions
§ 13-51A-43 Severability of provisions
§ 13-51A-44 Short title
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Terms Used In South Dakota Codified Laws > Title 13 > Chapter 51A - Board of Regents Revenue Bonds

  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Dependent: A person dependent for support upon another.
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Federal Reserve System: The central bank of the United States. The Fed, as it is commonly called, regulates the U.S. monetary and financial system. The Federal Reserve System is composed of a central governmental agency in Washington, D.C. (the Board of Governors) and twelve regional Federal Reserve Banks in major cities throughout the United States. Source: OCC
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Irrevocable trust: A trust arrangement that cannot be revoked, rescinded, or repealed by the grantor.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2
  • Property: includes property, real and personal. See South Dakota Codified Laws 2-14-2
  • Seal: includes an impression of the seal upon the paper alone, as well as upon wax or a wafer affixed to the paper, and also the word "seal" written or printed on such paper. See South Dakota Codified Laws 2-14-2
  • Trustee: A person or institution holding and administering property in trust.
  • written: include typewriting and typewritten, printing and printed, except in the case of signatures, and where the words are used by way of contrast to typewriting and printing. See South Dakota Codified Laws 2-14-2