§ 13-19-1 School board power to borrow on notes–Authorization, issuance and sale–Maximum term
§ 13-19-1.2 Issuance and sale of notes to health and educational facilities authority–Exemption from competitive bids
§ 13-19-2 Amount borrowed on notes limited by anticipated receipts
§ 13-19-3 Borrowing limit reduced by outstanding warrants or notes
§ 13-19-4 Interest rate on notes
§ 13-19-5 Signing of notes
§ 13-19-6 Cash receipts devoted to retirement of warrants and notes when note outstanding
§ 13-19-7 Bonding power of school districts–Purposes for which bonds authorized
§ 13-19-8 Constitutional debt limit to be observed
§ 13-19-8.1 Debt limit of school district created by reorganization–Readjustment of property, assets, debts, and liabilities
§ 13-19-9 Authorization, issuance, and sale of bonds–No election
§ 13-19-27 Financing arrangements for capital improvements and expenditures incident to consolidation
§ 13-19-28 Terms of financing arrangements
§ 13-19-29 Limitation on expenditures when amounts are due and funds pledged as security
§ 13-19-30 Agreement for payment of amounts due but not yet paid–Trustee–Security interest perfected

Terms Used In South Dakota Codified Laws > Title 13 > Chapter 19 - School District Bonds and Notes

  • 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.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • 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.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • 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.
  • Property: includes property, real and personal. See South Dakota Codified Laws 2-14-2
  • Tort: A civil wrong or breach of a duty to another person, as outlined by law. A very common tort is negligent operation of a motor vehicle that results in property damage and personal injury in an automobile accident.
  • Trustee: A person or institution holding and administering property in trust.
  • Uniform Commercial Code: A set of statutes enacted by the various states to provide consistency among the states' commercial laws. It includes negotiable instruments, sales, stock transfers, trust and warehouse receipts, and bills of lading. Source: OCC
  • 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