9-41-1.1. Purchase of equipment for resale.
90 words·~1 min read·
/sd/title-9/chapter-9-41/9-41-1-1A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Notwithstanding the provisions of chapter 5-18A or any of the provisions of Title 9 regarding the sale and purchase of property, a municipality operating a telephone system pursuant to § 9-41-1 may lease and purchase equipment for resale to its customers and may contract for services relating to the lease, purchase, sale, installation, and maintenance of such property, in a manner and for a price and terms determined by the governing body. If practicable the governing body shall secure at least two competitive quotations and retain them for its files.