South Dakota § 9-39-3.1 Joint electric generation and transmission facilities--Bond issue for financing--Sale of services to other entities--Liberal construction.

South Dakota Statutes

§ 9-39-3.1 — Joint electric generation and transmission facilities--Bond issue for financing--Sale of services to other entities--Liberal construction.

South Dakota § 9-39-3.1

Title 9MUNICIPAL GOVERNMENT

Ch. 9-39MUNICIPAL UTILITIES IN GENERAL

This text of South Dakota § 9-39-3.1 (Joint electric generation and transmission facilities--Bond issue for financing--Sale of services to other entities--Liberal construction.) 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 § 9-39-3.1 (2026).

Text

Pursuant to the provisions of S.D. Const., Art. IX, § 3, any municipality owning an electric utility system may, pursuant to an agreement or agreements with any other governmental entities, either within or without the state, which own electric utility systems, acquire, construct, and finance by issuance of its revenue bonds in the manner prescribed in chapter 9-40 , electric generation and transmission facilities, or any interest therein, and sell the output, capacity and services of such facilities to such other governmental entities in such respective amounts as shall be determined by such municipality to be necessary or appropriate in order to make the most efficient and effective use of its powers and responsibilities to supply the electric needs of its electric customers, and to this

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Pursuant to the provisions of S.D. Const., Art. IX, § 3, any municipality owning an electric utility system may, pursuant to an agreement or agreements with any other governmental entities, either within or without the state, which own electric utility systems, acquire, construct, and finance by issuance of its revenue bonds in the manner prescribed in chapter 9-40 , electric generation and transmission facilities, or any interest therein, and sell the output, capacity and services of such facilities to such other governmental entities in such respective amounts as shall be determined by such municipality to be necessary or appropriate in order to make the most efficient and effective use of its powers and responsibilities to supply the electric needs of its electric customers, and to this end this section shall be liberally construed.