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South Dakota Laws > Title 5 > Chapter 12 - South Dakota Building Authority

^{Current as of: 2010}

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§ 5-12-1	Authority created--Composition--Initial terms--Political affiliation--Chairman
§ 5-12-1.1	Authority continued within Bureau of Finance and Management--Records and reports
§ 5-12-1.2	Meaning of United States Department of Agriculture Conservation Reserve Program
§ 5-12-2	Terms of members--Vacancies--Quorum
§ 5-12-3	Oath and bond of members
§ 5-12-4	Members receive no compensation--Reimbursement of expenses
§ 5-12-5	Employment of personnel
§ 5-12-6	Common seal of authority
§ 5-12-7	Purposes of authority
§ 5-12-8	Studies and investigations of land needs
§ 5-12-8.1	Additional powers with respect to projects under § 5-12-8
§ 5-12-10	Transfer of state property to authority
§ 5-12-11	Power of authority to acquire property--Methods of acquisition
§ 5-12-11.1	Standards and specifications to accommodate physically handicapped
§ 5-12-12	Plans and specifications for projects to be undertaken
§ 5-12-13	Lease of facilities and sites to state agencies authorized--Commencement of payments under lease
§ 5-12-14	Terms, conditions, and rental under leases--Annual extension provision
§ 5-12-15	Lessee's option to purchase--Conveyance on exercise of option
§ 5-12-16	Taxes and insurance added to rental properties--Authorization to self-insure
§ 5-12-17	Authority's power to use facilities for other purposes on nonpayment of rent--Appropriations and funds from which rent payable
§ 5-12-18	Costs and reserves to be covered by rent and charges
§ 5-12-19	Tax exemption of property owned or leased by authority--Exception
§ 5-12-20	Resolutions for revenue bonds authorized--Purpose--Legislative approval required
§ 5-12-21	Purposes for which bonds issued--Refunding and refinancing--Pledge of income
§ 5-12-22	Terms and interest rate of bonds
§ 5-12-23	Revenues and income from which bonds payable--Use of educational facilities fund--Disposition of revenues
§ 5-12-24	Execution and registration of bonds--Validity of signature by officers
§ 5-12-25	Restrictions on obligation stated on face of bonds
§ 5-12-26	Creation of state obligation not authorized
§ 5-12-27	Contract with bondholders--Bondholders' remedies
§ 5-12-27.1	Refunding bonds authorized--Purposes
§ 5-12-27.2	Amount of refunding bonds
§ 5-12-27.3	Exchange or sale of refunding bonds--Proceeds of sale--Cancellation of bonds and coupons--Evidence of discharge of interest obligation
§ 5-12-27.4	Exchange or sale of bonds--Disposition of proceeds of sale
§ 5-12-27.5	Assistance in conserving and improving soil and water resources of highly erodible cropland by means of loans--Revenue bonds and interim notes authorized
§ 5-12-27.6	No indebtedness to be charged against state
§ 5-12-27.7	Acceptance and expenditure of gifts, contributions, etc., authorized
§ 5-12-27.8	Lease and sublease agreements with South Dakota Building Authority authorized to support purpose and payment of revenue bonds or interim notes
§ 5-12-28	Interim notes authorized--Purposes of borrowing
§ 5-12-29	Resolution for issuance of interim notes--Interest rate--Maturity date
§ 5-12-30	Terms and registration of interim notes--Redemption prior to maturity--Execution of notes--Pledge of income and revenue
§ 5-12-31	Additional provisions to secure payment of interim notes
§ 5-12-32	Debt limitations not applicable to interim notes--Personal liability not created by execution of notes
§ 5-12-33	Payment of interim notes or purchase of government obligations with proceeds from sale of revenue bonds
§ 5-12-34	Disposition of income under chapter--Public building fund
§ 5-12-35	Accounts maintained by authority--Purpose of disbursements from public building fund
§ 5-12-36	Authority to convey property to state when debt paid or payment provided for--Reversion to authority
§ 5-12-37	Record of rental payments under lease--Conveyance to lessee after amortization of debt
§ 5-12-38	Annual audit
§ 5-12-38.1	Informational budget required
§ 5-12-39	Contractual power of authority
§ 5-12-40	Bylaws, rules, and regulations of authority
§ 5-12-41	Severability of provisions
§ 5-12-42	Sale and lease-back arrangements--Sales and land leases authorized--Use of proceeds
§ 5-12-43	Sale and lease-back arrangements--Contracts to acquire use or ownership authorized--Terms
§ 5-12-44	Provisions applicable to contracts to acquire use or ownership
§ 5-12-45	Revenue bonds to finance sale and lease-back arrangements--Lending proceeds--Refund or refinance of obligations
§ 5-12-46	Legislative approval required for sale and lease-back arrangements
§ 5-12-47	Revenue obligations--Issuance--Purpose--Funds for payment
§ 5-12-48	Definition of terms
§ 5-12-48.1	Authority may invest funds in certain permitted investments
§ 5-12-49	Transfer and sale of state's right to tobacco settlement revenues--Disposition of funds--Written agreement--Filing of agreement
§ 5-12-50	Establishment of special purpose corporation--Limitations--Board membership--Powers of corporation
§ 5-12-50.1	Bond transactions to be public records subject to disclosure
§ 5-12-51	Purposes of special purpose corporation
§ 5-12-52	Corporation issued bonds not a lien, charge or liability against the state--Tobacco settlement revenues as security for bonds prohibited
§ 5-12-53	Pledge of non-interference by state to impair terms of bonds--Liability of state on bonds
§ 5-12-54	Liability of authority and special purpose corporation
§ 5-12-55	Special purpose corporation treated as public instrumentality of state--Income of authority and corporation not taxed--Obligations of corporation deemed public securities
§ 5-12-56	Employees of special purpose corporation
§ 5-12-57	Establishment of permanent tobacco settlement development trust fund--Funds to be deposited identified
§ 5-12-58	Tobacco settlement residual fund established
§ 5-12-59	Tobacco development interest fund established--State pledge to honor agreements of authority or corporation with regard to certain federal income tax exclusions
§ 5-12-60	Legislative intended use of tobacco settlement funds
§ 5-12-61	Authority may contract to manage payment or interest rate risk for bonds

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Government Property

South Dakota Laws > Title 5 > Chapter 12 - South Dakota Building Authority

South Dakota Laws > Title 5 > Chapter 12 - South Dakota Building Authority

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