§ 49-37-1 Usual corporate powers–Power to hold property in conduct of business–Authority to promote district
§ 49-37-2 Acquisition or operation of electric plants and systems inside or outside district–Singular or joint operations–Purpose
§ 49-37-3.1 Criteria considered in development of power systems–Alternative sources–Board determination as to size of facility
§ 49-37-4 Contractual powers–Sale of electrical appliances or equipment prohibited
§ 49-37-4.1 Contract to designate party as agent for itself and district–Delegation of contractual powers to agent
§ 49-37-4.2 Validation of prior contracts providing for designation of agent
§ 49-37-4.3 Cooperation in generation and transmission facilities–Permissible terms of contract
§ 49-37-5 Duty to sell at wholesale to municipalities or other political subdivisions
§ 49-37-6 Joint action with other districts
§ 49-37-7 District as having no power to tax
§ 49-37-8 State and other political subdivisions not liable for district’s obligations
§ 49-37-9 Duty to cause estimates before entering into contract–Joint projects excepted–Minimum number of bids
§ 49-37-9.1 Prior joint acts validated despite bid law noncompliance
§ 49-37-10 Competitive bidding requirements suspended during emergency
§ 49-37-11 Competitive bidding requirements suspended during war
§ 49-37-12 Private industry prohibited from owning assets of district–Consent of voters–Sale of individual items permitted
§ 49-37-13 Privilege tax levied against district
§ 49-37-14 Computation and payment of tax
§ 49-37-15 Taxes on districts qualifying as rural electric companies
§ 49-37-16 Charges for services–Discrimination prohibited
§ 49-37-17 Districts not within jurisdiction of Public Utilities Commission
§ 49-37-18 District as franchised to use streets of municipality for transmission lines
§ 49-37-19 Contracts with municipality for sale at wholesale–Authority of municipality
§ 49-37-20 Other contracts with municipalities–Authority of municipality
§ 49-37-21 Districts as works of internal improvement–Applicability of laws respecting internal improvements
§ 49-37-22 Just compensation for use of state waters–Amount of compensation
§ 49-37-23 Liability of district respecting use of water
§ 49-37-24 Investment of district funds–Regulations–Investment officer
§ 49-37-25 Indemnification of directors, officers, employees or agents
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Terms Used In South Dakota Codified Laws > Title 49 > Chapter 37 - Consumers Power District Powers and Operations

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2
  • Property: includes property, real and personal. See South Dakota Codified Laws 2-14-2
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.