State Codes and Statutes

Statutes > South-dakota > Title-49 > Chapter-40 > Statute-49-40-1

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.

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

State Codes and Statutes

Statutes > South-dakota > Title-49 > Chapter-40 > Statute-49-40-1

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.

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