South Dakota § 1-24-4 Contents of agreement.

South Dakota Statutes

§ 1-24-4 — Contents of agreement.

South Dakota·Title 1 STATE AFFAIRS AND GOVERNMENT·Ch. 1-24 JOINT EXERCISE OF GOVERNMENTAL POWERS

Any such agreement shall specify the following:

(1)Its duration;

(2)The precise organization, composition, and nature of any separate legal or administrative entity created thereby together with the powers delegated thereto, provided such entity may be legally created;

(3)Its purpose or purposes;

(4)The manner of financing the joint or cooperative undertaking and of establishing and maintaining a budget therefor;

(5)The permissible method or methods to be employed in accomplishing the partial or complete termination of the agreement and for disposing of property upon such partial or complete termination; and (6) Any other necessary and proper matters.

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Any such agreement shall specify the following: (1) Its duration; (2) The precise organization, composition, and nature of any separate legal or administrative entity created thereby together with the powers delegated thereto, provided such entity may be legally created; (3) Its purpose or purposes; (4) The manner of financing the joint or cooperative undertaking and of establishing and maintaining a budget therefor; (5) The permissible method or methods to be employed in accomplishing the partial or complete termination of the agreement and for disposing of property upon such partial or complete termination; and (6) Any other necessary and proper matters.

South Dakota § 1-24-4 (Contents of agreement.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.