Superior right of first or second class municipality to exercise zoning powers

The authority granted by § 11-5-1 and any declaration or contract made thereunder, shall be subject to the right of the first or second class municipality to exercise the powers and authorities conferred under chapter 11-4 at any time the municipality may elect to exercise such authority. Source: SDC 1939, § 45.2611; SL 1992, ch 60 , § 2.