State Codes and Statutes

Statutes > South-dakota > Title-9 > Chapter-41a > Statute-9-41a-17

9-41A-17. Powers exercised by directors--Good faith required. All powers of the municipal power agency shall be exercised by its board of directors, unless otherwise provided by the agency agreement or bylaws. Directors shall discharge their duties in good faith.

Source: SL 1978, ch 66, §§ 8, 13.

State Codes and Statutes

Statutes > South-dakota > Title-9 > Chapter-41a > Statute-9-41a-17

9-41A-17. Powers exercised by directors--Good faith required. All powers of the municipal power agency shall be exercised by its board of directors, unless otherwise provided by the agency agreement or bylaws. Directors shall discharge their duties in good faith.

Source: SL 1978, ch 66, §§ 8, 13.