Section 46A-1-40 - Additional covenants for protection of bondholders.
46A-1-40. Additional covenants for protection of bondholders. The district shall have power to covenant to perform any and all acts and to do any and all such things as may be necessary or convenient or desirable in order to secure its bonds, or as may in the judgment of the district tend to make the bonds more marketable, notwithstanding that such acts or things may not be enumerated herein, it being the intention hereof to give the district issuing bonds pursuant to this chapter power to make all covenants, to perform all acts and to do all things not inconsistent with the Constitution of the State of South Dakota.
Source: SL 1972, ch 241, § 39; SDCL Supp, § 46-17A-38.