Covenants with bondholders authorized.
In and by the resolution authorizing
municipal improvement bonds, the governing body may on behalf of the municipality make any or
all of the covenants described in §§ 9-44-6 to 9-44-8, inclusive, with and for the benefit of the
holders from time to time of said bonds.
Source: SL 1947, ch 219, § 4; SDC Supp 1960, § 45.21A04.