No improvement district may purchase or sell a water or sewer utility that provides service to the public for compensation until the governing body of the improvement district has held a public hearing on the purchase or sale and made a determination that the purchase or sale is in the public interest. Source: SL 1989, ch 59 , § 8.
Hearing prerequisite to purchase or sale of certain water or sewer utilities
SDCL § 7-25A-8 — under IMPROVEMENT DISTRICTS.
SDCL § 7-25A-8