No improvement district may purchase or sell a water or sewer utility that provides service to the public for compensation until the governing body of the improvement district has held a public hearing on the purchase or sale and made a determination that the purchase or sale is in the public interest.
S.D. Codified Laws § 7-25A-8
Hearing prerequisite to purchase or sale of certain water or sewer utilities
Source: SL 1989, ch 59, § 8.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.