South Dakota Statutes
§ 49-34A-37 — Purchase of voting stock in other utilities prohibited without commission's consent--Violation as petty offense--Separate offenses.
South Dakota·Title 49 PUBLIC UTILITIES AND CARRIERS·Ch. 49-32A GAS AND ELECTRIC UTILITIES REGULATION
No public utility subject to the jurisdiction of the commission may purchase voting stock in another public utility doing business in South Dakota without first having made application to and received the approval of the commission within the time and in the manner provided in § 49-34A-36 . An intentional violation of this section is a petty offense. After the first judgment, each day's violation is a separate offense.
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South Dakota § 49-34A-37 (Purchase of voting stock in other utilities prohibited without commission's consent--Violation as petty offense--Separate offenses.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 1975, ch 283, § 24; SL 1983, ch 15, § 143; SL 2007, ch 270, § 3.
Nearby Sections
15
§ 49-1-1
Repealed§ 49-1-10
Hearings before commission--Oaths.§ 49-1-11
Rules of commission.§ 49-1-13
Annual report to Governor--Contents.§ 49-1-13.1
Repealed§ 49-1-16
Duties of state's attorneys.§ 49-1-17
Repealed§ 49-1-19
Appeals from commission.