49-40-3. Sale of consumers power district assets.
41 words·~1 min read·
/sd/title-49/chapter-49-40/49-40-3A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.