South Dakota Code § 46A-1-53

Agreement as to custody and disposition of moneys
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The provisions of §
46A-1-48
do not limit the power of the district to agree in connection with the issuance of any of its bonds as to the custody and the disposition of the moneys received from the sale of the bonds or from the income and revenues pledged or assigned to or in trust for the benefit of the holder of the bonds.

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