Section 49-37-2 - Acquisition or operation of electric plants and systems inside or outside district--Singular or joint operations--Purpose

49-37-2. Acquisition or operation of electric plants and systems inside or outside district--Singular or joint operations--Purpose.Subject to the limitations of the petition for its creation and all amendments thereto, a consumers power district may finance, own, construct, reconstruct, purchase, lease as lessor or lessee, or otherwise acquire, improve, extend, manage, use, or operate either singularly or jointly with others and anywhere within or without the boundaries of the district or the State of South Dakota any electric light and power plants, lines and systems, or interest therein, for the generation, transmission, or transformation of electric power and energy, necessary for or incidental to the carrying out of any power granted to it by law. Source: SL 1950 (SS), ch 17, §40; SDC Supp 1960, §52.1740; SL 1973, ch 286, §1; SL 1976, ch 298, §1.