2013 South Dakota Codified Laws
Title 49 - PUBLIC UTILITIES AND CARRIERS
Chapter 32A - Television Translator Districts
§ 49-32A-21 Abandonment of district on petition by voters--Disposition of assets.


SD Codified L § 49-32A-21 (2013) What's This?

49-32A-21. Abandonment of district on petition by voters--Disposition of assets. If at any time a petition for abandonment of the television district, signed by not less than fifty-one percent of the voters is filed with the board of trustees, the board of trustees shall forthwith notify the board or boards of county commissioners which created the district, and such board or boards of county commissioners shall by resolution immediately declare the district abandoned. All properties and money remaining after the satisfaction of all debts and obligations of such abandoned district shall be deposited to the credit of the general fund of the county. If the abandoned district embraced areas in more than one county, properties and moneys remaining after the satisfaction of all debts and obligations of such abandoned district shall be deposited to the credit of the general funds of such counties in proportion to the population in each county which was served by the district.

Source: SL 1976, ch 76, § 14; SL 1979, ch 315, § 8.

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