§ 9-41A-1 Definition of terms
§ 9-41A-2 Formation of agency by agency agreement
§ 9-41A-3 Contents of agency agreement
§ 9-41A-4 Filing of agency agreement and resolutions–Certificate issued
§ 9-41A-5 Commencement of corporate existence–Certificate as evidence of incorporation
§ 9-41A-6 Powers of city representatives–Meetings–Quorum
§ 9-41A-7 Expenses of formation of agency–City representatives’ expenses
§ 9-41A-8 Amendment of agency agreement–Ratification and filing
§ 9-41A-9 Initial meeting of directors
§ 9-41A-10 Adoption of bylaws–Contents
§ 9-41A-11 Registered office of agency–Change of location
§ 9-41A-12 Composition and powers of board of directors–Terms of office–Filling of vacancies
§ 9-41A-13 Meetings of directors–Quorum
§ 9-41A-14 Appointment of officers of agency–Removal–Powers and duties
§ 9-41A-15 Employee unions and collective bargaining
§ 9-41A-16 Indemnity of officers and employees for official acts–Liability insurance forprotection
§ 9-41A-17 Powers exercised by directors–Good faith required
§ 9-41A-18 Action through agents or by contract
§ 9-41A-19 Acquisition, maintenance, and improvement of projects–Agency
§ 9-41A-20 Investigation, surveys, and estimates of additional sources of energy
§ 9-41A-21 Cooperation with others in development of energy sources
§ 9-41A-22 Applications to regulatory agencies–Compliance with requirements
§ 9-41A-23 Determination of location and character of projects
§ 9-41A-24 Contracts for project construction and sale of energy
§ 9-41A-25 Purchase, sale, and transmission of electric energy–Agreements
§ 9-41A-26 Powers over money
§ 9-41A-27 Acceptance of loans and grants–Compliance with conditions
§ 9-41A-28 Borrowing power–Bonds and notes
§ 9-41A-29 Investment of funds
§ 9-41A-30 Powers over personal property
§ 9-41A-31 Powers over real property
§ 9-41A-32 Power of eminent domain
§ 9-41A-33 Franchises and leases of facilities
§ 9-41A-34 Encumbrance of property to secure obligations
§ 9-41A-35 Insurance against losses to property
§ 9-41A-36 Payments in lieu of property tax–Valuation of property
§ 9-41A-37 Powers incidental to purposes of chapter
§ 9-41A-38 Bonds and notes authorized–Purposes
§ 9-41A-39 Terms of bonds and notes
§ 9-41A-40 Bonds and notes payable solely from agency revenues–State and first or second classmunicipalities not obligated
§ 9-41A-41 Agency funds pledged for security of bonds and notes
§ 9-41A-42 State approval not required for bonds and notes–Establishment and pledge of rentsand charges
§ 9-41A-43 Negotiability of bonds and notes
§ 9-41A-44 Continuing validity of officers’ signatures on bonds and notes–Temporary bonds
§ 9-41A-45 Sale of bonds and notes
§ 9-41A-46 Bonds and notes as legal investments for public, corporate and fiduciary funds
§ 9-41A-47 Trust indenture or security agreement as contract with holders of bonds or notes–Contents
§ 9-41A-48 Encumbrance of property to secure bonds and notes–Filings
§ 9-41A-49 Officers and members of agency not personally liable on bonds or notes
§ 9-41A-50 Repurchase of bonds and notes–Cancellation or resale
§ 9-41A-51 Condemnation under power of eminent domain–Continuing power
§ 9-41A-52 Property already used for electric power not subject to condemnation
§ 9-41A-53 Exemption from bidding and performance bond requirements applicable to publiccontracts
§ 9-41A-54 Establishment of rates, charges and reserves
§ 9-41A-55 Pledge of revenues to bonds, notes and contractual obligations
lawyer at desk

Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In South Dakota Codified Laws > Title 9 > Chapter 41A - Municipal Power Agencies

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • 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.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • 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
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fee simple: Absolute title to property with no limitations or restrictions regarding the person who may inherit it.
  • Fiduciary: A trustee, executor, or administrator.
  • 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
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • 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.
  • Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2
  • Personal property: All property that is not real property.
  • Personal property: includes money, goods, chattels, things in action, and evidences of debt. See South Dakota Codified Laws 2-14-2
  • Property: includes property, real and personal. See South Dakota Codified Laws 2-14-2
  • Quorum: The number of legislators that must be present to do business.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Trustee: A person or institution holding and administering property in trust.
  • Uniform Commercial Code: A set of statutes enacted by the various states to provide consistency among the states' commercial laws. It includes negotiable instruments, sales, stock transfers, trust and warehouse receipts, and bills of lading. Source: OCC
  • written: include typewriting and typewritten, printing and printed, except in the case of signatures, and where the words are used by way of contrast to typewriting and printing. See South Dakota Codified Laws 2-14-2