South Dakota Statutes

§ 35-3-15 — Acquisition of stock and equipment from licensee forced out of business by acquisition of municipal license.

South Dakota § 35-3-15
JurisdictionSouth Dakota
Title 35ALCOHOLIC BEVERAGES
Ch. 35-3LOCAL OPTION AND MUNICIPAL POWERS

This text of South Dakota § 35-3-15 (Acquisition of stock and equipment from licensee forced out of business by acquisition of municipal license.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
S.D. Codified Laws § 35-3-15 (2026).

Text

The municipality shall acquire the stock, equipment, and fixtures from any licensee whose license has been terminated by reason of the municipal election by which the municipality was authorized to engage in such business, such acquisition to be by purchase, condemnation, or arbitration.

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Legislative History

SDC 1939, § 5.0236 as added by SL 1951, ch 7; SL 1953, ch 11; SL 1959, ch 10, § 3; SL 1971, ch 211, § 34.

Nearby Sections

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Bluebook (online)
South Dakota § 35-3-15, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/35-3-15.