There is hereby established as a part of South Dakota’s PickSloan settlement the Missouri River cost recovery program to provide revenues to the state using the resources of the PickSloan system. Such revenues shall be deposited in the water and environment fund established pursuant to § 46A-1-60 and shall be used to meet water project costsharing requirements and for contemporary and future state and local water projects and resource management activities in South Dakota.

Terms Used In South Dakota Codified Laws 46A-15-9

  • 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.

Source: SL 1988, ch 369, § 5; SL 1992, ch 254, § 8.