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S.D. Codified Laws § 49-48-3

Acquisition in violation of chapter--Divestiture required--Time to divest

Source: SL 2026, ch 188, § 3.

Effective July 1, 2026

49-48-3. Acquisition in violation of chapter--Divestiture required--Time to divest.

Any prohibited person that acquires, including by devise or descent, any interest in an electric facility, in violation of this chapter, shall fully divest the interest within one year from the date of acquisition.

Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.