49-40-1. Conditions under which assets may be transferred or encumbered.
29 words·~1 min read·
/sd/title-49/chapter-49-40/49-40-1A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
No power plant or system owned by a consumers power district shall be sold, alienated or mortgaged by such district, except under the circumstances set forth in this chapter.