SOUTH DAKOTA BUILDING AUTHORITY
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 persons with disabilities.
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.
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. 5-12-47.1
Payment of lease rental obligations to South Dakota Building Authority by Bureau of Finance and Management. 5-12-47.2
Irrevocable escrow agreement for defeasance and payment of lease revenue trust certificates and bonds--Arrangements to pay governmental expenses. 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
Bonds of corporation not a lien, charge or liability against the state--Pledge of education enhancement trust funds 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.
, 5-12-58. Repealed. 5-12-59
State pledge to honor agreements of authority or corporation with regard to certain federal income tax exclusions. 5-12-60
Authority may contract to manage payment or interest rate risk for bonds. 5-12-62
Projects to be financed through issuance of revenue bonds. 5-12-64
Authorizations and appropriations effective through June 30, 2015. 5-12-65
State not liable for indebtedness, bonds, and obligations. 5-12-66
Design and construction supervision--Vouchers--Warrants. 5-12-67
Lease agreement with and rental payments by Board of Regents. 5-12-68
Rental payments to be paid from appropriations and fees.