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    • Legislation USA
    • South Dakota Codified Laws
    • Title 49 - Public Utilities and Carriers
    • Chapter 40 - Consumers Power District Dissolution And Sale Of Assets
    • Section 49-40-3.1 - Sale of assets--Retroactive application.

    South Dakota Codified Laws
    Chapter 40 - Consumers Power District Dissolution And Sale Of Assets
    Section 49-40-3.1 - Sale of assets--Retroactive application.

    49-40-3.1. Sale of assets--Retroactive application.
    Section 49-40-3 is retroactive and is effective as to any resolution or agreement adopted by any consumers power district.

    Source: SL 1983, ch 347, ยง2.

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    Structure South Dakota Codified Laws

    South Dakota Codified Laws

    Title 49 - Public Utilities and Carriers

    Chapter 40 - Consumers Power District Dissolution And Sale Of Assets

    Section 49-40-2 - Hypothecation of assets permitted.

    Section 49-40-3 - Sale of consumers power district assets.

    Section 49-40-3.1 - Sale of assets--Retroactive application.

    Section 49-40-4 - Right of municipality to purchase portion of assets within boundaries.

    Section 49-40-5 - Inability to agree with municipality on price--Court determination--Basis of determination.

    Section 49-40-6 - Allocation of bonded indebtedness as between municipality and other transferee--Terms of court award.

    Section 49-40-8 - Lease or alienation of facilities within municipality.

    Section 49-40-9 - Petition for dissolution of district--Conditions under which dissolution may be permitted--Notice of dissolution--Contents of notice--Expenses of dissolution.

    Section 49-40-10 - Court hearing and investigation respecting dissolution--Filing order of dissolution with clerk of courts and secretary of state.

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