46A-8-8. Authority of association to transfer assets to municipality.
32 words·~1 min read·
/sd/title-46/chapter-46-8/46a-8-8A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.