reglab/housing_qa huggingface dataset:
SD Codified L § 1-16A-57 (2021)
2021 South Dakota Codified Laws|Title 1 - State Affairs and Government|Chapter 16A - Health And Educational Facilities Authority|Section 1-16A-57 - Expenses paid from authority funds--Borrowing for initial operation.

1-16A-57. Expenses paid from authority funds--Borrowing for initial operation.All expenses of the authority incurred in carrying out the provisions of this chapter shall be payable solely from funds provided under the authority of this chapter and no liability shall be incurred by the authority beyond the extent to which moneys shall have been provided under this chapter, except that for the purposes of meeting the necessary expenses of initial organization and operation until such date as the authority derives moneys from funds provided hereunder, the authority shall be empowered to borrow moneys as may be required for such necessary expenses of organization and operation. Such borrowed moneys shall be repaid within a reasonable time after the authority receives funds provided for under this chapter. Source: SL 1972, ch 10, §15.
SD Codified L § 1-16A-58 (2021)
2021 South Dakota Codified Laws|Title 1 - State Affairs and Government|Chapter 16A - Health And Educational Facilities Authority|Section 1-16A-58 - Tax exemption of authority.

1-16A-58. Tax exemption of authority.The authority is hereby declared to be performing a public function in behalf of the state and to be a public instrumentality of the state. Accordingly, the income of the authority, and all properties at any time owned by the authority, shall be exempt from all taxation in the State of South Dakota. Source: SL 1972, ch 10, §14.
SD Codified L § 1-16A-59 (2021)
2021 South Dakota Codified Laws|Title 1 - State Affairs and Government|Chapter 16A - Health And Educational Facilities Authority|Section 1-16A-59 - Securities regulation.

1-16A-59. Securities regulation.For purposes of chapter 47-31B, bonds issued by the authority are deemed to be securities issued by a public instrumentality of the State of South Dakota. Source: SL 1972, ch 10, §14; SL 1989, ch 30, §3; SL 2004, ch 278, §54.
SD Codified L § 1-16A-61 (2021)
2021 South Dakota Codified Laws|Title 1 - State Affairs and Government|Chapter 16A - Health And Educational Facilities Authority|Section 1-16A-61 - Powers supplementary.

1-16A-61. Powers supplementary.The powers conferred by this chapter shall be in addition and supplementary to, and the limitations by this chapter shall not affect the powers conferred by any other law. Source: SL 1972, ch 10, §22.
SD Codified L § 1-16A-62 (2021)
2021 South Dakota Codified Laws|Title 1 - State Affairs and Government|Chapter 16A - Health And Educational Facilities Authority|Section 1-16A-62 - Powers under other law unimpaired.

1-16A-62. Powers under other law unimpaired.Neither this chapter nor anything herein contained shall be construed as a restriction or limitation upon any powers which the authority might otherwise have under any laws of this state, but shall be construed as cumulative of any such powers. Source: SL 1972, ch 10, §17.
SD Codified L § 1-16A-63 (2021)
2021 South Dakota Codified Laws|Title 1 - State Affairs and Government|Chapter 16A - Health And Educational Facilities Authority|Section 1-16A-63 - Liberal construction of chapter.

1-16A-63. Liberal construction of chapter.This chapter shall be liberally construed to accomplish the intentions expressed herein. Source: SL 1972, ch 10, §23.
SD Codified L § 1-16A-64 (2021)
2021 South Dakota Codified Laws|Title 1 - State Affairs and Government|Chapter 16A - Health And Educational Facilities Authority|Section 1-16A-64 - Short title of chapter.

1-16A-64. Short title of chapter.This chapter may be referred to and cited as the "South Dakota Health and Educational Facilities Authority Act." Source: SL 1972, ch 10, §24.
SD Codified L § 1-16A-65 (2021)
2021 South Dakota Codified Laws|Title 1 - State Affairs and Government|Chapter 16A - Health And Educational Facilities Authority|Section 1-16A-65 - Health education assistance loan program established.

1-16A-65.Health education assistance loan program established.There is established to be financed by the health and educational facilities authority created by this chapter, a South Dakota health education loan program pursuant to P. L. 94-484. Source: SL 1982, ch 10, §4.
SD Codified L § 1-16A-66 (2021)
2021 South Dakota Codified Laws|Title 1 - State Affairs and Government|Chapter 16A - Health And Educational Facilities Authority|Section 1-16A-66 - Health education assistance loan program--Powers of authority.

1-16A-66. Health education assistance loan program--Powers of authority.The authority may, together with all powers incidental thereto or necessary for the performance thereof:(1)Participate in the financing of HEAL loans;(2)Purchase or participate in the purchase of HEAL loans;(3)Sell or participate in the sale of HEAL loans;(4)Collect and pay reasonable fees and charges in connection with making, purchasing and servicing or causing to be made, purchased or serviced HEAL loans;(5)Do all things necessary and convenient to carry out the purposes of §§1-16A-65 to 1-16A-70, inclusive, in connection with the administering and servicing of HEAL loans, including contracting with any person, firm or other body public or private in respect thereof;(6)Enter into agreements necessary to effect the guarantee, administering and servicing of HEAL loans; and(7)Promulgate rules, establish standards for participation in the program administered by the authority under P.L. 94-484, and establish other administrative procedures consistent with P.L. 94-484. Source: SL 1982, ch 10, §5.
SD Codified L § 1-16A-67 (2021)
2021 South Dakota Codified Laws|Title 1 - State Affairs and Government|Chapter 16A - Health And Educational Facilities Authority|Section 1-16A-67 - Health education assistance loan program--Funding of HEAL loan purchases by bonds, notes or other obligations of authority.

1-16A-67. Health education assistance loan program--Funding of HEAL loan purchases by bonds, notes or other obligations of authority.Any HEAL loan made, caused to be made, purchased or caused to be purchased under §§1-16A-65 to 1-16A-70, inclusive, may be funded with the proceeds of bonds, notes or other obligations of the authority issued pursuant to §§1-16A-38 to 1-16A-41, inclusive, and the trust agreement or indenture creating such bonds may contain such of the provisions set forth in §1-16A-45 as the authority may deem appropriate, and in addition may contain such other provisions as the authority may deem reasonable and proper for the security of the holders of any such bonds, notes or other obligations of the authority. The proceeds of any bonds, notes or other obligations of the authority issued pursuant to this section may be used and applied by the authority to make, cause to be made, purchase or cause to be purchased, HEAL loans, to the payment of financing costs, including legal, underwriting and investment banking, accounting, rating agencies, printing and other similar costs; the funding of any reserve funds deemed necessary or advisable by the authority; interest on such bonds, notes or other obligations for any period deemed necessary or advisable by the authority; and all other necessary and incidental costs and expenses. Source: SL 1982, ch 10, §6.
SD Codified L § 1-16A-68 (2021)
2021 South Dakota Codified Laws|Title 1 - State Affairs and Government|Chapter 16A - Health And Educational Facilities Authority|Section 1-16A-68 - Health education assistance loan program--Payment of bonds.

1-16A-68. Health education assistance loan program--Payment of bonds.Notwithstanding §1-16A-42, all bonds issued by the authority pursuant to §1-16A-67 shall be payable out of the revenues with respect to HEAL loans funded under this chapter, or from reserves or other money available for such purpose as may be designated in the resolution of the authority under which the bonds shall be authorized to be issued or as may be designated in a trust indenture authorized by the authority. Source: SL 1982, ch 10, §7.
SD Codified L § 1-16A-69 (2021)
2021 South Dakota Codified Laws|Title 1 - State Affairs and Government|Chapter 16A - Health And Educational Facilities Authority|Section 1-16A-69 - Health education assistance loan program--Security for principal and interest of bonds.

1-16A-69. Health education assistance loan program--Security for principal and interest of bonds.Notwithstanding §1-16A-43, the principal of and interest on any bonds issued by the authority pursuant to §1-16A-67 shall be secured by a pledge of the revenues and other money out of which the same shall be made payable and may be secured by a trust indenture or mortgage or deed of trust, including an assignment of the HEAL loans or other contract rights of the authority thereunder, covering all or any part of the HEAL loans from which the revenues or receipts so pledged may be derived. Source: SL 1982, ch 10, §8.
SD Codified L § 1-16A-70 (2021)
2021 South Dakota Codified Laws|Title 1 - State Affairs and Government|Chapter 16A - Health And Educational Facilities Authority|Section 1-16A-70 - Health education assistance loan program--Repayment fund created.

1-16A-70. Health education assistance loan program--Repayment fund created.There is created a separate trust fund designated the South Dakota health education loan repayment fund consisting of all revenues with respect to HEAL loans funded under this chapter. The authority may pledge revenues received or to be received by the fund to secure bonds, notes or other obligations issued under §1-16A-67. The authority may create sub-funds or accounts within the repayment fund created under this section as the authority deems necessary or advisable. Source: SL 1982, ch 10, §9.
SD Codified L § 1-16A-74 (2021)
2021 South Dakota Codified Laws|Title 1 - State Affairs and Government|Chapter 16A - Health And Educational Facilities Authority|Section 1-16A-74 - Power to act as public instrumentality.

1-16A-74. Power to act as public instrumentality.The authority is hereby designated and empowered to act as a public instrumentality and agency of the state exercising public and essential governmental functions for the purpose of reducing the cash flow difficulties faced by LEAs and other public bodies, improving the financial procedures of school districts and other public bodies, reducing the short-term borrowing costs of LEAs and other public bodies, financing capital improvements for vocational education, assisting public bodies in the financing of real property, equipment or other personal property and assisting public bodies, health institutions and educational institutions in the investment of funds intended for use or application in connection with any purpose, project or program authorized by this chapter. Source: SL 1986, ch 13, §1; SL 1987, ch 144, §9; SL 1988, ch 13, §2.
SD Codified L § 1-16A-74.1 (2021)
2021 South Dakota Codified Laws|Title 1 - State Affairs and Government|Chapter 16A - Health And Educational Facilities Authority|Section 1-16A-74.1 - Establishment of funding program for financing of property by public bodies--Assistance--Pledging of payments--Compliance with statutory limitations.

1-16A-74.1. Establishment of funding program for financing of property by public bodies--Assistance--Pledging of payments--Compliance with statutory limitations.The authority shall establish or assist in the establishment of a funding program for the financing of real property, equipment, or other personal property by public bodies. Such assistance may include, without limitation, the issuance and sale of bonds or notes, the loaning of the proceeds thereof to public bodies or other sponsorship of any such financing, the investment of funds raised for the purchase or leasing of such real property, equipment, or other personal property by the authority in any investment described in §1-16A-19, the purchase or lease of any such real property, equipment, or other personal property by the authority, the sale or lease of any such real property, equipment, or personal property to any public body and the execution of a trust agreement or similar or related agreements and instruments by the authority or other public bodies authorizing the issuance of certificates of participation for the financing thereof. In addition, the authority may pledge payments from public bodies or other revenues to secure repayment of certificates of participation or other evidences of indebtedness in connection with such program and may enter into such other agreements as its board may deem necessary or appropriate in order to accomplish the purposes described herein.Notwithstanding any other provision of law, a school district may enter into a pooled funding agreement for capital outlay obligations, capital outlay installment, or lease-purchase agreements described in this section; however, the school district shall comply with the limitation on the principal amount and maturity date established in §13-16-6 and with the limitation on levy amounts in §13-16-7. Source: SL 1988, ch 13, §3; SL 1992, ch 4.
SD Codified L § 1-16A-75 (2021)
2021 South Dakota Codified Laws|Title 1 - State Affairs and Government|Chapter 16A - Health And Educational Facilities Authority|Section 1-16A-75 - Funding program for purchase of notes--Issuance of bonds or notes.

1-16A-75. Funding program for purchase of notes--Issuance of bonds or notes.The authority shall establish a statewide funding program for the purchase from schools or cooperative educational service units of notes, whether issued under chapter 13-19 or otherwise, in anticipation of the receipt of moneys for school or cooperative educational service units purposes to alleviate cash flow difficulties and to otherwise improve the financial well-being of the schools or cooperative educational service units. The authority may issue its bonds or notes and use the proceeds therefrom for the purpose of making loans to or purchasing the notes of any school district or cooperative educational service units for the use of the various funds of the school district or cooperative educational service units for any lawful school district or cooperative educational service units purpose excluding debt service. Bonds or notes issued pursuant to §§1-16A-19, 1-16A-74 to 1-16A-76, inclusive, and 13-19-1.2 may be secured by a pledge of payments made to the authority by the school district or cooperative educational service units, to be derived from the receipt of anticipated funds, grants, aid or other moneys as may be evidenced by, or pledged to secure, the notes of the school district or cooperative educational service units, including a pooling of payments of notes from two or more participating school districts or cooperative educational service units. Source: SL 1986, ch 13, §2; SL 1991, ch 124, §4.
SD Codified L § 1-16A-76 (2021)
2021 South Dakota Codified Laws|Title 1 - State Affairs and Government|Chapter 16A - Health And Educational Facilities Authority|Section 1-16A-76 - Jurisdiction of federal bankruptcy courts--Written contracts concerning bonds or notes enforceable.

1-16A-76. Jurisdiction of federal bankruptcy courts--Written contracts concerning bonds or notes enforceable.The authority, all school districts and other public bodies, and all officers or departments of the state dealing with the state or the authority pursuant to §§1-16A-19, 1-16A-74 to 1-16A-76, inclusive, and 13-19-1.2 are not subject to the jurisdiction of the federal bankruptcy courts or any successor thereof under the United States Constitution. Any contract, agreement, or other arrangement entered into by any or all of the school districts or other public bodies, the authority and any officers or departments of the state or the authority pursuant to §1-16A-19, 1-16A-74 to 1-16A-76, inclusive, 1-16A-97 to 1-16A-99, inclusive, 13-19-1.2, 13-19-27, 13-19-29, 13-13-39, or 13-13-74 or in anticipation of or for the securing of the issuance of tax anticipation notes by any or all of the school districts, the issuance or agreement to issue warrants or general obligation refunding bonds by any or all of the school districts, the agreement by the authority and the school district or any officers or department of the state to purchase any or all of such notes, warrants, or general obligation refunding bonds or any related or similar agreement for the benefit of investors or any other third party or parties shall be valid, binding and enforceable when made in writing duly signed by the appropriate officers. All such agreements and other arrangements are not subject to disavowal, disaffirmance, cancellation, or avoidance by reason of insolvency of any party, lack of consideration or any other fact, occurrence or rule of law. Source: SL 1986, ch 13, §3; SL 1988, ch 13, §4; SL 2015, ch 90, §6.
SD Codified L § 1-16A-78 (2021)
2021 South Dakota Codified Laws|Title 1 - State Affairs and Government|Chapter 16A - Health And Educational Facilities Authority|Section 1-16A-78 - Authority to issue education savings bonds.

1-16A-78. Authority to issue education savings bonds.The authority may designate bonds or certificates of participation described in §1-16A-79 as South Dakota education savings bonds or certificates. Source: SL 1990, ch 10, §1.
SD Codified L § 1-16A-79 (2021)
2021 South Dakota Codified Laws|Title 1 - State Affairs and Government|Chapter 16A - Health And Educational Facilities Authority|Section 1-16A-79 - Criteria for issuance of education savings bonds.

1-16A-79. Criteria for issuance of education savings bonds.Bonds issued by the authority or certificates of participation issued in connection with an authority program may be eligible for designation by the authority pursuant to §1-16A-78 if the authority determines that the following criteria are satisfied:(1)The bonds or certificates are structured and are to be marketed initially in such a manner as to attract a broad range of investors including parents, guardians or conservators, grandparents or other family members who are interested in planning for the education of children;(2)The bonds or certificates, at the time such instruments are designated as education savings bonds or certificates, are either:(a)Rated in one of the three highest rating categories by one or more nationally recognized organizations which regularly rate such obligations, without regard to any modifier such as a plus or minus, arabic numeral or similar designation; or(b)Otherwise determined by the authority pursuant to §1-16A-80 to be eligible for designation as education savings bonds or certificates; and(3)The bonds or certificates are either current interest obligations, capital appreciation bonds, zero-coupon, deep discount, or comparable instruments and the maturity dates of such instruments are structured to the extent possible to accommodate the financing needs of the authority or the entity or program on whose behalf the instruments are being issued and to fulfill the needs of persons planning on using the proceeds of such instruments for educational purposes. Source: SL 1990, ch 10, §2; SL 1993, ch 213, §74.
SD Codified L § 1-16A-80 (2021)
2021 South Dakota Codified Laws|Title 1 - State Affairs and Government|Chapter 16A - Health And Educational Facilities Authority|Section 1-16A-80 - Additional criteria for issuance of education savings bonds.

1-16A-80. Additional criteria for issuance of education savings bonds.In lieu of satisfaction of the criteria set forth in subsection 1-16A-79(2)(a), bonds or certificates may be designated by the authority as education savings bonds or certificates if the authority determines it is appropriate after considering the following factors:(1)The existence of a secondary market for comparable securities or instruments;(2)The current applicability of a comparable rating assigned to one or more other bonds or other evidences of indebtedness issued on behalf of the person, entity, or program which is being financed with the proceeds of the bonds or certificates under consideration by the authority;(3)A pledge of state aid or financial assistance or its equivalent to support repayment of such bonds, certificates, or other instruments, whether directly or indirectly;(4)The security and source of revenues pledged to such bonds, certificates, or other instruments; or(5)Such other factors or considerations as the authority may deem appropriate in reaching such determination. Source: SL 1990, ch 10, §3.
SD Codified L § 1-16A-81 (2021)
2021 South Dakota Codified Laws|Title 1 - State Affairs and Government|Chapter 16A - Health And Educational Facilities Authority|Section 1-16A-81 - Discounted sale of education savings bonds--Interest--Payment at maturity.

1-16A-81. Discounted sale of education savings bonds--Interest--Payment at maturity.Education savings bonds or certificates of participation may be sold at any discount to be determined by the authority, need not bear a stated rate of interest, and may be payable in one payment at maturity on a fixed date. Source: SL 1990, ch 10, §4.
SD Codified L § 1-16A-82 (2021)
2021 South Dakota Codified Laws|Title 1 - State Affairs and Government|Chapter 16A - Health And Educational Facilities Authority|Section 1-16A-82 - Sale of education savings bonds--Computation of aggregate principal.

1-16A-82. Sale of education savings bonds--Computation of aggregate principal.Education savings bonds or certificates may be sold either at a competitive or negotiated sale. For purposes of computing the aggregate principal amount of bonds or certificates issued or outstanding at any one time, education savings bonds or certificates shall be considered to be issued and outstanding in a principal amount equal to the price paid to the authority for such bonds or certificates as of the date of their sale. Source: SL 1990, ch 10, §5.
SD Codified L § 1-16A-83 (2021)
2021 South Dakota Codified Laws|Title 1 - State Affairs and Government|Chapter 16A - Health And Educational Facilities Authority|Section 1-16A-83 - Plan of implementation for issuance and sale of education savings bonds.

1-16A-83. Plan of implementation for issuance and sale of education savings bonds.The authority may develop a plan of implementation for the issuance and sale of bonds or certificates of participation as education savings bonds or certificates, including:(1)The advertising to inform the public about the availability of such bonds or certificates;(2)The marketing and financing of the issue and sale; and(3)The establishment of specific increments, maturities, and denominations in which such bonds or certificates shall be marketed in order to make the bonds or certificates affordable and funds available at the time when such funds are needed to pay education costs.Upon the request of the authority, the State Board of Regents, the state treasurer, and any department, agency, or state authority may assist the authority in the preparation and implementation of such plan. Source: SL 1990, ch 10, §6.
SD Codified L § 1-16A-84 (2021)
2021 South Dakota Codified Laws|Title 1 - State Affairs and Government|Chapter 16A - Health And Educational Facilities Authority|Section 1-16A-84 - Designation by authority required for education savings bonds.

1-16A-84. Designation by authority required for education savings bonds.No bond, certificate, or other evidence of indebtedness may be designated or described in a manner suggesting qualification as an education savings bond or certificate unless such bond, certificate, or other evidence of indebtedness has been so designated by the health and educational facilities authority pursuant to the provisions of this chapter. Source: SL 1990, ch 10, §7.