South Dakota Statutes

§ 46A-6-51 — Transfer of assets and liabilities of nonprofit entity to district--Approval by governing board and electors.

South Dakota § 46A-6-51
JurisdictionSouth Dakota
Title 46AWATER MANAGEMENT
Ch. 46A-5IRRIGATION DISTRICT CONTRACTS AND FINANCING

This text of South Dakota § 46A-6-51 (Transfer of assets and liabilities of nonprofit entity to district--Approval by governing board and electors.) 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 § 46A-6-51 (2026).

Text

Any nonprofit corporation, cooperative, or association located within an irrigation district may transfer assets, liabilities, contracts, or other obligations to the irrigation district. To be valid, such transfer shall be approved by formal resolution of the governing body of the transferring entity and also shall be approved in an election thereon by an affirmative majority vote of the district electors voting on the question.

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Legislative History

SL 1984, ch 295, § 1.

Nearby Sections

15
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Bluebook (online)
South Dakota § 46A-6-51, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/46A-6-51.