State of South Dakota

South Dakota Legislature

South Dakota Codified Laws

 
49-40 CONSUMERS POWER DISTRICT DISSOLUTION AND SALE OF ASSETS
CHAPTER 49-40

CONSUMERS POWER DISTRICT DISSOLUTION AND SALE OF ASSETS

49-40-1      Conditions under which assets may be transferred or encumbered.
49-40-2      Hypothecation of assets permitted.
49-40-3      Sale of assets to other public electric company.
49-40-3.1      Sale of assets--Retroactive application.
49-40-4      Right of municipality to purchase portion of assets within boundaries.
49-40-5      Inability to agree with municipality on price--Court determination--Basis of determination.
49-40-6      Allocation of bonded indebtedness as between municipality and other transferee--Terms of court award.
49-40-7      Transfer of assets to private person prohibited.
49-40-8      Transfer of facilities within municipality to private municipal supplier permitted.
49-40-9      Petition for dissolution of district--Conditions under which dissolution may be permitted--Notice of dissolution--Contents of notice--Expenses of dissolution.
49-40-10      Court hearing and investigation respecting dissolution--Filing order of dissolution with clerk of courts and secretary of state.


Title 49
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