§ 50-6A-2 Creation of regional airport authority by resolution
§ 50-6A-3 Public hearing required for adoption of resolutions–Notice
§ 50-6A-4 Appointment of regional airport authority commissioners–Term of office–Certificates of appointment filed
§ 50-6A-5 Resolutions filed with secretary of state by initial commissioners–Issuance ofcertificate of incorporation
§ 50-6A-6 Certificate of incorporation as proof of airport authority’s establishment–Admissibility in evidence
§ 50-6A-7 Powers vested in commissioners–Adoption of procedural rules–Quorum–Majorityvote required for action
§ 50-6A-8 Organization and election of officers–Chairman and vice-chairman
§ 50-6A-9 Employment of personnel–Legal services–Delegation of powers and duties
§ 50-6A-10 Expenses of commissioners–No compensation
§ 50-6A-11 Addition of subdivisions to airport authority–Resolution of consent
§ 50-6A-12 Exclusion of subdivisions from authority–Assets and liabilities–Bondholders’consent
§ 50-6A-13 Increase or decrease resolution forwarded to secretary of state–Amended certificateissued
§ 50-6A-14 Subdivision aid to regional authority
§ 50-6A-15 Corporate powers of regional authority
§ 50-6A-16 Operation of airports and aviation facilities
§ 50-6A-17 Acquisition of airports and aviation facilities
§ 50-6A-18 Power to use public waters
§ 50-6A-19 Eminent domain procedure–Property previously acquired by eminent domain–Entryfor surveys
§ 50-6A-20 Taking possession on commencement of eminent domain proceedings–Abandonment of proceedings–Liability for damage
§ 50-6A-21 Zoning powers of authority
§ 50-6A-22 Subdivision’s zoning power not limited
§ 50-6A-23 Certification of tax levy amounts–Levy by subdivisions–Collection–Payment toauthority
§ 50-6A-24 Maximum airport levy–County levy inapplicable to municipality levying
§ 50-6A-25 Tax proceeds deposited in special accounts–Expenditure by authority
§ 50-6A-26 Covenant in bond resolution to levy taxes until bonds paid
§ 50-6A-27 Acceptance and expenditure of grants, donations and loans–Terms and conditions
§ 50-6A-28 Department as agent of authority–Agreement as to terms and conditions–Separatefund in state treasury
§ 50-6A-29 Bonds issued by authority–Terms–Minimum sale price–Interest rate
§ 50-6A-30 Bonds payable solely from airport revenues–Special obligation if within debtlimitation
§ 50-6A-31 Covenants and indentures for bond security–Priority over operating costs
§ 50-6A-32 Recitation in bond as conclusive on issuance and purpose
§ 50-6A-33 Signatures of commissioners or officers valid after signers leave office
§ 50-6A-34 Public sale of bonds–Small issues excepted–Interest
§ 50-6A-35 Bonds fully negotiable
§ 50-6A-36 Tax exemption of bonds
§ 50-6A-37 No personal liability on bonds unless debt limitation exceeded
§ 50-6A-38 Arrangements for airport operation–Maximum duration–Purposes–Terms andconditions–Public rights protected
§ 50-6A-38.1 Regional airport authority authorized to provide funds for air carrier air service
§ 50-6A-39 Operating contract for airport–Duration–Conditions
§ 50-6A-40 Disposal of airport or property by authority–Manner and terms
§ 50-6A-41 Rules, regulations, and orders
§ 50-6A-42 Agencies authorized to act through joint boards
§ 50-6A-43 Joint exercise of powers by airport authority and public agency
§ 50-6A-44 Joint action agreements between public agencies–Terms and conditions
§ 50-6A-45 Joint board created by public agencies
§ 50-6A-46 Annual budget for joint board expenditures–Approval by constituent agencies
§ 50-6A-47 Approval required for costs in excess of agreement or budget
§ 50-6A-48 Eminent domain proceedings by joint board–Public agency approval required–Property held as tenants in common
§ 50-6A-49 Resolutions, rules, regulations and orders of joint board concerning contracts andleases–Public agency approval required–Force and effect
§ 50-6A-50 Joint fund created for joint board
§ 50-6A-51 Disposal of airports or property by joint board
§ 50-6A-52 Airport acquisitions and development declared public purpose and necessity
§ 50-6A-53 Tax exemption of airport property and income
§ 50-6A-54 Severability of provisions
§ 50-6A-55 Citation of chapter
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Terms Used In South Dakota Codified Laws > Title 50 > Chapter 6A - Regional Airport Authorities

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Contract: A legal written agreement that becomes binding when signed.
  • Devise: To gift property by will.
  • 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.
  • 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
  • Joint resolution: A legislative measure which requires the approval of both chambers.
  • 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.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • 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
  • Quorum: The number of legislators that must be present to do business.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • 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
  • Statute: A law passed by a legislature.