7-25A-8. Hearing prerequisite to purchase or sale of certain water or sewer utilities.
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/sd/title-7/chapter-7-25/7-25a-8A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
No improvement district may purchase or sell a water or sewer utility that provides service to the public for compensation until the governing body of the improvement district has held a public hearing on the purchase or sale and made a determination that the purchase or sale is in the public interest.