Sale of consumers power district assets.

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

Any consumers power district may sell any power plant, electric generating plant, electric transmission, or distribution system, or any part thereof, for any sum and upon any terms that the board of directors of the district may consider fair and reasonable.

Source: SL 1950 (SS), ch 17, §64; SDC Supp 1960, §52.1763; SL 1983, ch 347, §1; SL 2017, ch 198, §1.


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