South Dakota Codified Laws 49-37-8. State and other political subdivisions not liable for district’s obligations
Current as of: 2023 | Check for updates
|
Other versions
Neither the State of South Dakota, nor any county, municipality, school district, or other political subdivision of the state, nor any individual person, nor the property of any of such, shall ever be in any manner liable or responsible for any obligation of any consumers power district.
Terms Used In South Dakota Codified Laws 49-37-8
- 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
- Property: includes property, real and personal. See South Dakota Codified Laws 2-14-2
Source: SL 1950 (SS), ch 17, § 44; SDC Supp 1960, § 52.1744; SL 1992, ch 60, § 2.