reglab/housing_qa huggingface dataset:
SD Codified L § 1-16H-11 (2021)
2021 South Dakota Codified Laws|Title 1 - State Affairs and Government|Chapter 16H - Science And Technology Authority|Section 1-16H-11 - Quorum--Vote required for action.

1-16H-11. Quorum--Vote required for action.A majority of the voting members of the board constitutes a quorum for the transaction of business. Any official act of the authority requires the affirmative vote of at least four voting members of the board at a meeting of the board at which the members casting those affirmative votes are present. Source: SL 2004, ch 15, §11, eff. Feb. 11, 2004; SL 2009, ch 1, §22; SL 2014, ch 8, §3.
SD Codified L § 1-16H-12 (2021)
2021 South Dakota Codified Laws|Title 1 - State Affairs and Government|Chapter 16H - Science And Technology Authority|Section 1-16H-12 - Business interests not disqualification for membership--Abstention where conflict of interest.

1-16H-12. Business interests not disqualification for membership--Abstention where conflict of interest.Notwithstanding any other law to the contrary it is not a conflict of interest for a trustee, director, officer, or employee of any health institution, educational institution, financial institution, investment banking firm, brokerage firm, commercial bank or trust company, architectural firm, engineering firm, mining firm, insurance company, or any other firm, person, or corporation to serve as a member of the authority, if the trustee, director, officer, or employee abstains from deliberation, action, and vote by the authority in each instance where the business affiliation of any such trustee, director, officer, or employee is involved. Source: SL 2004, ch 15, §12.
SD Codified L § 1-16H-13 (2021)
2021 South Dakota Codified Laws|Title 1 - State Affairs and Government|Chapter 16H - Science And Technology Authority|Section 1-16H-13 - Open meetings--Notice.

1-16H-13. Open meetings--Notice.Each meeting of the authority for any purpose whatsoever shall be open to the public as required by chapter 1-25. Notice of meetings shall be as provided in the bylaws of the authority. Resolutions need not be published or posted. Source: SL 2004, ch 15, §13.
SD Codified L § 1-16H-14 (2021)
2021 South Dakota Codified Laws|Title 1 - State Affairs and Government|Chapter 16H - Science And Technology Authority|Section 1-16H-14 - Record of proceedings--Filings--Copies--Certification.

1-16H-14. Record of proceedings--Filings--Copies--Certification.The executive director or other person designated by the authority shall keep a record of the proceedings thereof and shall be custodian of all books, documents, and papers filed with the authority, the minute books or journal of the authority and its official seal. The executive director or other person designated by the authority may cause copies to be made of all minutes and other records and documents of the authority and may give certificates under the official seal of the authority to the effect that such copies are true copies and all persons dealing with the authority may rely on such certificates. Source: SL 2004, ch 15, §14.
SD Codified L § 1-16H-16 (2021)
2021 South Dakota Codified Laws|Title 1 - State Affairs and Government|Chapter 16H - Science And Technology Authority|Section 1-16H-16 - Promulgation of rules.

1-16H-16. Promulgation of rules.The authority may, pursuant to chapter 1-26, promulgate rules necessary to regulate the authority's affairs, to carry into effect the powers and purposes of the authority, and to conduct its business, including rules to:(1)Establish application procedures for grants and loans from the authority;(2)Establish eligibility criteria for such grants or loans;(3)Govern the use of proceeds of such grants or loans;(4)Establish criteria for the terms and conditions upon which such grants or loans shall be made, including the security, if any, that may be required for such loans; and(5)Establish criteria for the lease or other use of any real or personal property owned by the authority, or the placement of experiments in any facility owned or controlled by the authority. Source: SL 2004, ch 15, §16.
SD Codified L § 1-16H-17 (2021)
2021 South Dakota Codified Laws|Title 1 - State Affairs and Government|Chapter 16H - Science And Technology Authority|Section 1-16H-17 - Loans and grants made by authority.

1-16H-17. Loans and grants made by authority.Loans and grants made by the authority pursuant to the terms of this chapter shall be upon such terms and conditions as the authority may deem necessary, and may be with or without interest and on a secured or unsecured basis. Source: SL 2004, ch 15, §17.
SD Codified L § 1-16H-18 (2021)
2021 South Dakota Codified Laws|Title 1 - State Affairs and Government|Chapter 16H - Science And Technology Authority|Section 1-16H-18 - Investment of funds.

1-16H-18. Investment of funds.The authority may invest any funds not needed for immediate investment in the following:(1)Bonds, notes, certificates of indebtedness, treasury bills, or other securities constituting direct obligations of, or obligations the principal of and interest on which are fully guaranteed or insured by, the United States of America;(2)Obligations issued by or obligations the principal of and interest on which are fully guaranteed or insured by any agency or instrumentality of the United States of America;(3)Certificates of deposit or time deposits constituting direct obligations of any bank which is a qualified public depository or any savings and loan association which is a savings and loan depository under the Public Deposit Insurance Act pursuant to chapter 4-6A, unless sufficient volume of such certificates is not available at competitive interest rates. In that event, the authority may purchase noncollateralized direct obligations of any bank or savings institution or holding company if such institution or holding company is rated in the highest two quality categories by a nationally recognized rating agency;(4)Obligations of any solvent insurance company or other corporation or business entity existing under the laws of the United States or any state thereof, if the obligation of the insurance company or other corporation or business entity is rated in the two highest classifications established by a standard rating service of insurance companies or a nationally recognized rating agency;(5)Short term discount obligations of the Federal National Mortgage Association;(6)Obligations issued by any state of the United States or any political subdivision, public instrumentality, or public authority of any state of the United States, which obligations are not callable before the date the principal thereof will be required to be paid and which obligations are fully secured as to both sufficiency and timely payment by, and payable solely from, securities described in subdivision (1) and which obligations are rated in the highest investment classification by at least two standard rating services of such obligations.Any securities may be purchased at the offering or market price thereof at the time of the purchase. All securities so purchased shall mature or be redeemable on a date or dates prior to the time when, in the judgment of the authority, the funds so invested will be required for expenditure. The express judgment of the authority as to the time when any funds will be required for expenditure or be redeemable is final and conclusive. Investment in any obligation enumerated in this section may be made either directly or in the form of securities of, or other interests in, an investment company registered under the Federal Investment Act of 1940, whose shares are registered under the Federal Securities Act of 1933, and whose investments are limited to these obligations. Source: SL 2004, ch 15, §18.
SD Codified L § 1-16H-18.1 (2021)
2021 South Dakota Codified Laws|Title 1 - State Affairs and Government|Chapter 16H - Science And Technology Authority|Section 1-16H-18.1 - Investment of funds with State Investment Council.

1-16H-18.1. Investment of funds with State Investment Council.In addition to the investments authorized by §1-16H-18, the authority may invest any funds of the authority in an account with the State Investment Council pursuant to chapter 4-5. Source: SL 2005, ch 11, §1.
SD Codified L § 1-16H-19 (2021)
2021 South Dakota Codified Laws|Title 1 - State Affairs and Government|Chapter 16H - Science And Technology Authority|Section 1-16H-19 - Issuance of bonds, notes, or other evidence of indebtedness.

1-16H-19. Issuance of bonds, notes, or other evidence of indebtedness.The authority may issue revenue bonds, notes, or other evidences of indebtedness to pay the cost incurred in connection with developing, constructing, acquiring, improving, maintaining, operating, and decommissioning projects. For the purpose of evidencing the obligations of the authority to repay any money borrowed, the authority may, pursuant to resolution, from time to time issue and dispose of its interest bearing revenue bonds, notes, or other instruments and may also from time to time issue and dispose of such bonds, notes, or other instruments to refund, at maturity, at a redemption date, or in advance of either, any revenue bonds, notes, or other instruments pursuant to redemption provisions or at any time before maturity. All such revenue bonds, notes, or other instruments are payable solely from the revenues or income to be derived with respect to projects, from the leasing or sale of the projects, or from any other funds available to the authority for such purposes. The revenue bonds, notes, or other instruments may bear such date or dates, may mature at such time or times not exceeding forty years from their respective dates, may bear interest at such rate or rates, may be in such form, may carry such registration privileges, may be executed in such manner, may be payable at such place or places, may be made subject to redemption in such manner and upon such terms, with or without premium as is stated on the face thereof, may be authenticated in such manner, and may contain such terms and covenants as may be provided by an applicable resolution. Source: SL 2004, ch 15, §19, eff. Feb. 11, 2004; SL 2009, ch 1, §23.
SD Codified L § 1-16H-20 (2021)
2021 South Dakota Codified Laws|Title 1 - State Affairs and Government|Chapter 16H - Science And Technology Authority|Section 1-16H-20 - Suit to compel performance by holder of revenue bond, note, or instrument issued by authority.

1-16H-20. Suit to compel performance by holder of revenue bond, note, or instrument issued by authority.Any holder of any revenue bonds, notes, or other instruments issued by the authority may bring suits at law or proceedings in equity to compel the performance and observance by any corporation or person or by the authority or any of its agents or employees of any contract or covenant made with the holders of such revenue bonds, notes, or other instruments, to compel such corporation, person, the authority, and any of its agents or employees to perform any duties required to be performed for the benefit of the holders of any such revenue bonds, notes, or other instruments by the provision of the resolution authorizing their issuance and to enjoin such corporation, person, the authority, and any of its agents or employees from taking any action in conflict with any such contract or covenant. Source: SL 2004, ch 15, §20.
SD Codified L § 1-16H-21 (2021)
2021 South Dakota Codified Laws|Title 1 - State Affairs and Government|Chapter 16H - Science And Technology Authority|Section 1-16H-21 - Suit by holder of revenue bond to compel payment of principal, interest, or premium--Jurisdiction.

1-16H-21. Suit by holder of revenue bond to compel payment of principal, interest, or premium--Jurisdiction.If the authority fails to pay the principal of or interest on any of the revenue bonds or premium, if any, as the principal or interest becomes due, a civil action to compel payment may be instituted in the appropriate circuit court by the holder or holders of the revenue bonds on which such default of payment exists or by an indenture trustee acting on behalf of such holders. Delivery of a summons and a copy of the complaint to the chair of the board constitutes sufficient service to give the circuit court jurisdiction of the subject matter of such a suit and jurisdiction over the authority and its officers named as defendants for the purpose of compelling such payment. Source: SL 2004, ch 15, §21, eff. Feb. 11, 2004; SL 2009, ch 1, §24.
SD Codified L § 1-16H-22 (2021)
2021 South Dakota Codified Laws|Title 1 - State Affairs and Government|Chapter 16H - Science And Technology Authority|Section 1-16H-22 - Negotiability of bonds, notes, or instruments--Temporary bonds, notes, or instruments.

1-16H-22. Negotiability of bonds, notes, or instruments--Temporary bonds, notes, or instruments.Notwithstanding the form and tenor of any such revenue bonds, notes, or other instruments and in the absence of any express recital on the face of any such revenue bond, note, or other instruments that it is non-negotiable, all such revenue bonds, notes, and other instruments are negotiable instruments. Pending the preparation and execution of any such revenue bonds, notes, or other instruments, temporary revenue bonds, notes, or instruments may be issued as provided by resolution. Source: SL 2004, ch 15, §22, eff. Feb. 11, 2004; SL 2009, ch 1, §25.
SD Codified L § 1-16H-23 (2021)
2021 South Dakota Codified Laws|Title 1 - State Affairs and Government|Chapter 16H - Science And Technology Authority|Section 1-16H-23 - Pledge of revenues from lease or loan agreement--Trust agreement.

1-16H-23. Pledge of revenues from lease or loan agreement--Trust agreement.To secure the payment of any or all of such revenue bonds, notes, or other instruments, the revenues to be received by the authority from a lease agreement or loan agreement shall be pledged, and, for the purpose of setting forth the covenants and undertakings of the authority in connection with the issuance thereof and the issuance of any additional revenue bonds, notes, or other instruments payable from such revenues, income, or other funds to be derived from projects, the authority may execute and deliver a trust agreement. A remedy for any breach or default of the terms of any such trust agreement by the authority may be by mandamus proceedings in the appropriate circuit court to compel the performance and compliance therewith, but the trust agreement may prescribe by whom or on whose behalf the action may be instituted. Source: SL 2004, ch 15, §23.
SD Codified L § 1-16H-24 (2021)
2021 South Dakota Codified Laws|Title 1 - State Affairs and Government|Chapter 16H - Science And Technology Authority|Section 1-16H-24 - Pledge or assignment of or lien on or security interest in revenues, funds, or accounts.

1-16H-24. Pledge or assignment of or lien on or security interest in revenues, funds, or accounts.The revenue bonds or notes shall be secured as provided in the authorizing resolution which may, notwithstanding any other provision of this chapter, include in addition to any other security a specific pledge or assignment of and lien on or security interest in any or all revenues or money of the authority from whatever source which may by law be used for debt service purposes and a specific pledge or assignment of and lien on or security interest in any funds or accounts established or provided for by resolution of the authority authorizing the issuance of such revenue bonds, notes, or other instruments. Any pledge made by the authority of revenues or other moneys received or to be received by the authority pursuant to an agreement with a governmental agency relating to a project to pay revenue bonds, notes, or other evidences of indebtedness of the authority is binding from the time the pledge is made. Revenues and other moneys received or to be received by the authority pursuant to an agreement with a governmental agency relating to a project so pledged to pay revenue bonds, notes, or other evidences of indebtedness of the authority shall be held outside of the state treasury and in the custody of the authority or a trustee or a depository appointed by the authority. Revenues or other moneys received or to be received by the authority pursuant to an agreement with a governmental agency relating to a project so pledged to pay revenue bonds, notes, or other evidences of indebtedness of the authority and thereafter received by the authority or such trustee or depository is immediately subject to the lien of the pledge without any physical delivery thereof or further act, and the lien of any pledge is binding against all parties having claims of any kind of tort, contract, or otherwise against the authority or the State of South Dakota, irrespective of whether the parties have notice thereof. Neither the resolution nor any other instrument by which a pledge is created need be filed or recorded except in the records of the authority. Source: SL 2004, ch 15, §24, eff. Feb. 11, 2004; SL 2009, ch 1, §26.
SD Codified L § 1-16H-25 (2021)
2021 South Dakota Codified Laws|Title 1 - State Affairs and Government|Chapter 16H - Science And Technology Authority|Section 1-16H-25 - Pledge by state not to impair rights and remedies of holders of bonds and notes.

1-16H-25. Pledge by state not to impair rights and remedies of holders of bonds and notes.The State of South Dakota pledges to and agrees with the holders of the revenue bonds and notes of the authority issued pursuant to this chapter that the state will not limit or decrease the rights and powers vested in the authority by this chapter so as to impair the terms of any contract made by the authority with such holders or in any way impair the rights and remedies of such holders until such revenue bonds, notes, or other instruments, together with interest thereon, with interest on any unpaid installments of interest, and all costs and expenses in connection with any action or proceedings by or on behalf of such holders, are fully met and discharged. The authority is authorized to include these pledges and agreements of the state in any contract with the holders of revenue bonds, notes, or other instruments issued pursuant to this section. Source: SL 2004, ch 15, §25.
SD Codified L § 1-16H-26 (2021)
2021 South Dakota Codified Laws|Title 1 - State Affairs and Government|Chapter 16H - Science And Technology Authority|Section 1-16H-26 - State not liable for principal or interest on bonds, notes, instruments, or obligations of authority.

1-16H-26. State not liable for principal or interest on bonds, notes, instruments, or obligations of authority.Nothing in this chapter may be construed to authorize the authority to create a debt of the state within the meaning of the Constitution or statutes of South Dakota and all revenue bonds, notes, other instruments and obligations issued by the authority pursuant to the provisions of this chapter are payable and shall state that they are payable solely from the funds pledged for their payment in accordance with the resolution authorizing their issuance or in any trust indenture or mortgage or deed of trust executed as security therefor. The state is not in any event liable for the payment of the principal of or interest on any bonds, notes, instruments, or obligations issued by the authority or for the performance of any pledge, mortgage, obligation, or agreement of any kind whatsoever which may be undertaken by the authority. No breach of any such pledge, mortgage, obligation, or agreement may impose any pecuniary liability upon the state or any charge upon its general credit or against its taxing power. Source: SL 2004, ch 15, §26.
SD Codified L § 1-16H-27 (2021)
2021 South Dakota Codified Laws|Title 1 - State Affairs and Government|Chapter 16H - Science And Technology Authority|Section 1-16H-27 - Governmental bodies, financial institutions, and others authorized to invest in bonds or notes issued by authority.

1-16H-27. Governmental bodies, financial institutions, and others authorized to invest in bonds or notes issued by authority.The state and all counties, municipalities, political subdivisions, public bodies, public officers, banks, bankers, trust companies, savings banks and institutions, building and loan associations, savings and loan associations, personal representatives, conservators, trustees, and other fiduciaries may legally invest any debt service funds, money, or other funds belonging to them or within their control in any bonds or notes issued pursuant to this chapter. Source: SL 2004, ch 15, §27.
SD Codified L § 1-16H-28 (2021)
2021 South Dakota Codified Laws|Title 1 - State Affairs and Government|Chapter 16H - Science And Technology Authority|Section 1-16H-28 - Exemption of documentary material and data involving trade secrets, etc., from disclosure--Consideration by authority in executive session.

1-16H-28. Exemption of documentary material and data involving trade secrets, etc., from disclosure--Consideration by authority in executive session.Any documentary material or data made or received by the authority for purposes under this chapter, to the extent that such material or data consists of trade secrets, scientific or technical secrets, matters involving national security, or commercial or financial information regarding the operation of a business, may not be considered public records, and are exempt from disclosure. Any discussion or consideration of such information may be held by the authority in executive session. Source: SL 2004, ch 15, §28.
SD Codified L § 1-16H-29 (2021)
2021 South Dakota Codified Laws|Title 1 - State Affairs and Government|Chapter 16H - Science And Technology Authority|Section 1-16H-29 - Title to projects.

1-16H-29. Title to projects.The authority may acquire title to any project with respect to which it exercises its authority. Source: SL 2004, ch 15, §29.
SD Codified L § 1-16H-30 (2021)
2021 South Dakota Codified Laws|Title 1 - State Affairs and Government|Chapter 16H - Science And Technology Authority|Section 1-16H-30 - Acquisition of property.

1-16H-30. Acquisition of property.The authority may acquire by purchase, lease, gift, or otherwise any property or rights to any property from any person or any governmental agency, whether improved for the purposes of any prospective project or unimproved. The authority may also accept any donation of funds for its purposes from any of those sources. Source: SL 2004, ch 15, §30.
SD Codified L § 1-16H-31 (2021)
2021 South Dakota Codified Laws|Title 1 - State Affairs and Government|Chapter 16H - Science And Technology Authority|Section 1-16H-31 - Acquisition, improvement, maintenance, and decommissioning of projects.

1-16H-31. Acquisition, improvement, maintenance, and decommissioning of projects.The authority may acquire, develop, construct, improve, maintain, operate, and decommission any project, either under its own direction or through collaboration with any approved applicant, or acquire any project through purchase or otherwise, using for that purpose the proceeds derived from its sale of revenue bonds, notes, or other instruments or governmental loans, grants, or other funds, and hold title to those projects in the name of the authority. Source: SL 2004, ch 15, §31, eff. Feb. 11, 2004; SL 2009, ch 1, §27.
SD Codified L § 1-16H-31.1 (2021)
2021 South Dakota Codified Laws|Title 1 - State Affairs and Government|Chapter 16H - Science And Technology Authority|Section 1-16H-31.1 - Subsurface property defined.

1-16H-31.1. Subsurface property defined.For the purpose of §§1-16H-31.1 to 1-16H-31.10, inclusive, the term, subsurface property, means complete fee title to real property located one hundred feet or more below the surface, including the right to use such real property to construct, operate, support and maintain underground facilities, for scientific and technological experimentation and exploration, for the commercial exploitation of the subsurface for purposes other than mineral extraction, and for any other lawful purpose. The term, subsurface property, does not include ownership or the right to occupancy of the surface. Source: SL 2005, ch 12, §1.