§ 8-11-3 Authorization, issuance and sale–Vote required
§ 8-11-4 Refunding bonds issued on judgment against township–Compromise with judgmentcreditor
§ 8-11-7 Tax levy for retirement of bonds–Special fund
§ 8-11-8 Investment of township debt service funds–Tax levy for bonds in debt service fund

Terms Used In South Dakota Codified Laws > Title 8 > Chapter 11 - Township Bonds

  • 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.
  • 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.
  • Property: includes property, real and personal. See South Dakota Codified Laws 2-14-2
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.