Municipal Power Agencies

  1. Law
  2. South Dakota Codified Laws
  3. Municipal Government
  4. Municipal Power Agencies

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Section
9-41A-1

Definition of terms.

Section
9-41A-2

Formation of agency by agency agreement.

Section
9-41A-3

Contents of agency agreement.

Section
9-41A-4

Filing of agency agreement and resolutions--Certificate issued.

Section
9-41A-5

Commencement of corporate existence--Certificate as evidence of incorporation.

Section
9-41A-6

Powers of city representatives--Meetings--Quorum.

Section
9-41A-7

Expenses of formation of agency--City representatives' expenses.

Section
9-41A-8

Amendment of agency agreement--Ratification and filing.

Section
9-41A-9

Initial meeting of directors.

Section
9-41A-10

Adoption of bylaws--Contents.

Section
9-41A-11

Registered office of agency--Change of location.

Section
9-41A-12

Composition and powers of board of directors--Terms of office--Filling of vacancies.

Section
9-41A-13

Meetings of directors--Quorum.

Section
9-41A-14

Appointment of officers of agency--Removal--Powers and duties.

Section
9-41A-15

Employee unions and collective bargaining.

Section
9-41A-16

Indemnity of officers and employees for official acts--Liability insurance for protection.

Section
9-41A-17

Powers exercised by directors--Good faith required.

Section
9-41A-18

Action through agents or by contract.

Section
9-41A-19

Acquisition, maintenance, and improvement of projects--Agency.

Section
9-41A-20

Investigation, surveys, and estimates of additional sources of energy.

Section
9-41A-21

Cooperation with others in development of energy sources.

Section
9-41A-22

Applications to regulatory agencies--Compliance with requirements.

Section
9-41A-23

Determination of location and character of projects.

Section
9-41A-24

Contracts for project construction and sale of energy.

Section
9-41A-25

Purchase, sale, and transmission of electric energy--Agreements.

Section
9-41A-26

Powers over money.

Section
9-41A-27

Acceptance of loans and grants--Compliance with conditions.

Section
9-41A-28

Borrowing power--Bonds and notes.

Section
9-41A-29

Investment of funds.

Section
9-41A-30

Powers over personal property.

Section
9-41A-31

Powers over real property.

Section
9-41A-32

Power of eminent domain.

Section
9-41A-33

Franchises and leases of facilities.

Section
9-41A-34

Encumbrance of property to secure obligations.

Section
9-41A-35

Insurance against losses to property.

Section
9-41A-36

Payments in lieu of property tax--Valuation of property.

Section
9-41A-37

Powers incidental to purposes of chapter.

Section
9-41A-38

Bonds and notes authorized--Purposes.

Section
9-41A-39

Terms of bonds and notes.

Section
9-41A-40

Bonds and notes payable solely from agency revenues--State and first or second class municipalities not obligated.

Section
9-41A-41

Agency funds pledged for security of bonds and notes.

Section
9-41A-42

State approval not required for bonds and notes--Establishment and pledge of rents and charges.

Section
9-41A-43

Negotiability of bonds and notes.

Section
9-41A-44

Continuing validity of officers' signatures on bonds and notes--Temporary bonds.

Section
9-41A-45

Sale of bonds and notes.

Section
9-41A-46

Bonds and notes as legal investments for public, corporate and fiduciary funds.

Section
9-41A-47

Trust indenture or security agreement as contract with holders of bonds or notes--Contents.

Section
9-41A-48

Encumbrance of property to secure bonds and notes--Filings.

Section
9-41A-49

Officers and members of agency not personally liable on bonds or notes.

Section
9-41A-50

Repurchase of bonds and notes--Cancellation or resale.

Section
9-41A-51

Condemnation under power of eminent domain--Continuing power.

Section
9-41A-52

Property already used for electric power not subject to condemnation.

Section
9-41A-53

Exemption from bidding and performance bond requirements applicable to public contracts.

Section
9-41A-54

Establishment of rates, charges and reserves.

Section
9-41A-55

Pledge of revenues to bonds, notes and contractual obligations.