South Dakota Statutes
§ 38-8-26 — Certificates of organization for new districts--Certificate of dissolution--Assets and liabilities revert to new district.
The requirements of §§ 38-8-16 to 38-8-18 , inclusive, apply to applications for issuance of certificates of organization for new districts pursuant to § 38-8-22 . Upon termination of the existing districts, the secretary of state shall issue and record a certificate of dissolution. All assets and liabilities of the original districts shall revert to the new district.
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South Dakota § 38-8-26 (Certificates of organization for new districts--Certificate of dissolution--Assets and liabilities revert to new district.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SDC 1939, § 4.1517 (1) (a) as enacted by SL 1947, ch 13; SL 1968, ch 1, § 13; SL 1969, ch 6, § 2; SL 1994, ch 316, § 16.
Nearby Sections
15
§ 38-1-11
Executive assistants--Oath.§ 38-1-15
Secretary and executives devote entire time to office--Restrictions on holding of other office.§ 38-1-16
Promulgation of rules.§ 38-1-17
Repealed§ 38-1-18
Promotion of agricultural interests--Experimental and extension work--Marketing of farm products.§ 38-1-18.1
Grants and donations for promotion of and service to agriculture--Deposit and expenditure of funds.§ 38-1-19.1
Repealed