South Dakota Codified Laws
Chapter 08 - Water Users' Associations
Section 46A-8-8 - Authority of association to transfer assets to municipality.

46A-8-8. Authority of association to transfer assets to municipality.
Any water user's association organized pursuant to this chapter may, by a majority vote of its shareholders, sell, lease, or otherwise dispose of part or all of its assets to a municipality.

Source: SL 1982, ch 312, §1; SDCL Supp, §46-11-8.

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Structure South Dakota Codified Laws

South Dakota Codified Laws

Title 46A - Water Management

Chapter 08 - Water Users' Associations

Section 46A-8-1 - Association organized under state law in conformity with federal law--Amendment of articles of incorporation, purposes.

Section 46A-8-2 - Proposed amendment of articles of incorporation of association, time and manner of making, submission to shareholders, publication.

Section 46A-8-3 - Bylaws of association--Repeal and amendment, submission of proposition to shareholders, publication.

Section 46A-8-4 - Acceptance of association books for public record by county commissioners--Recording of stock subscriptions--Charges.

Section 46A-8-5 - Election of officers and directors of association.

Section 46A-8-6 - Assessments against shareholders--Purpose--Bylaws--Nonpayment.

Section 46A-8-7 - Lien of association for unpaid assessments--Priority--Duration--Foreclosure and sale of land.

Section 46A-8-8 - Authority of association to transfer assets to municipality.