S.D. Codified Laws § 49-40-1

Current through the 2024 Legislative Session

Section 49-40-1 - Conditions under which assets may be transferred or encumbered

No power plant or system owned by a consumers power district shall be sold, alienated or mortgaged by such district, except under the circumstances set forth in this chapter.

SDCL 49-40-1

SL 1950 (SS), ch 17, § 59; SDC Supp 1960, § 52.1758.