South Dakota Codified Laws
Chapter 37 - Consumers Power District Powers And Operations
Section 49-37-1 - Usual corporate powers--Power to hold property in conduct of business--Authority to promote district.

49-37-1. Usual corporate powers--Power to hold property in conduct of business--Authority to promote district.
Subject to the limitations of the petition for its creation and all amendments thereto, a consumers power district shall have all the usual powers of a corporation for public purposes and may purchase, hold, sell, and lease, as lessor or lessee, personal property and real estate, reasonably necessary for the conduct of its business, and may receive and hold property by gift, grant, will, exchange, or otherwise. A consumers power district may expend its money and use its assets and property to promote the district in any manner as the board of directors may determine.

Source: SL 1950 (SS), ch 17, §39; SDC Supp 1960, §52.1739; SL 1989, ch 403, §19.

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Structure South Dakota Codified Laws

South Dakota Codified Laws

Title 49 - Public Utilities and Carriers

Chapter 37 - Consumers Power District Powers And Operations

Section 49-37-1 - Usual corporate powers--Power to hold property in conduct of business--Authority to promote district.

Section 49-37-2 - Acquisition or operation of electric plants and systems inside or outside district--Singular or joint operations--Purpose.

Section 49-37-3.1 - Criteria considered in development of power systems--Alternative sources--Board determination as to size of facility.

Section 49-37-4 - Contractual powers--Sale of electrical appliances or equipment prohibited.

Section 49-37-4.1 - Contract to designate party as agent for itself and district--Delegation of contractual powers to agent.

Section 49-37-4.2 - Validation of prior contracts providing for designation of agent.

Section 49-37-4.3 - Cooperation in generation and transmission facilities--Permissible terms of contract.