Authority of association to transfer assets to municipality.

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46A-8-8. Authority of association to transfer assets to municipality.

Any water user's association organized pursuant to this chapter may, by a majority vote of its shareholders, sell, lease, or otherwise dispose of part or all of its assets to a municipality.

Source: SL 1982, ch 312, §1; SDCL Supp, §46-11-8.


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