Section 49-37-7 - District as having no power to tax

49-37-7. District as having no power to tax.A consumers power district shall have no power of taxation, and no governmental authority shall have the power to levy or collect taxes for the purpose of paying, in whole or in part, any indebtedness or obligation of or incurred by the district or upon which the district may be or become in any manner liable. Source: SL 1950 (SS), ch 17, §43; SDC Supp 1960, §52.1743.