Title 9 — MUNICIPAL GOVERNMENT
59 chapters · 1,226 sections in this title.
SDCL § 9-41-1 Power of municipality to establish and operate telephone system--Connection and joint operation with rural telephone system
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Every first or second class municipality by itself or in conjunction with others within or without such municipality, subject to the supervision of the Public Utilities Commission as otherwise provided by law, may establish, maintain, operate, and regulate a telephone system and …
SDCL § 9-41-1.1 Purchase of equipment for resale
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Notwithstanding the provisions of chapter 5-18A or any of the provisions of Title 9 regarding the sale and purchase of property, a municipality operating a telephone system pursuant to § 9-41-1 may lease and purchase equipment for resale to its customers and may contract for serv…
SDCL § 9-41-10 Transfer of surplus to depreciation account
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If any surplus shall be accumulated at any time in the operation and maintenance fund, in excess of a reasonable reserve for current and anticipated expenses of operation and expenses, any such excess may be transferred at any time by the governing body to the depreciation accoun…
SDCL § 9-41-11 Severability of chapter and resolutions
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If any provision of this chapter, or of any resolution or resolutions authorizing the issuance of bonds pursuant to this chapter, or the application thereof to any person or circumstances, shall be held invalid in any legal proceedings, such invalidity shall not affect other prov…
SDCL § 9-41-2 Revenue bonds authorized--Issuance--Sale--Segregated revenue or income
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To pay the cost of the improvement, expansion, reconstruction, and operation of telephone lines or facilities, every municipality may borrow money and issue negotiable bonds, without pledging or using the credit of the municipality. All bonds shall be authorized, issued, and sold…
SDCL § 9-41-3 Additional bonds authorized when original issue insufficient--Priority of issues
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If the governing body finds that the bonds authorized by the original resolution or ordinance shall be insufficient to accomplish the purpose desired, additional bonds may be authorized, issued, and disposed of under the procedure provided in this chapter, but the additional issu…
SDCL § 9-41-4 Ordinance provisions for operation of system and security of bondholders
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A municipality so improving, expanding, or reconstructing its telephone lines or facilities may provide by ordinance or resolution duly adopted by its governing body any such lawful provisions and stipulations for the proper operation and maintenance thereof, the administration o…
SDCL § 9-41-7 Bondholders' statutory mortgage on telephone improvements--Disposition of system prohibited until bonds retired
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There shall be a statutory mortgage lien upon the improvements, expanded or reconstructed telephone plant in favor of and for the equal benefit of the lawful holders of said bonds and interest coupons, and each of them, but no such lien shall attach to or become a charge upon or …
SDCL § 9-41-8 Pledge of telephone revenues to separate fund--Separate account for bond payments and reserve--Depreciation account and operational expenses
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At or before the issuance of such revenue bonds, the governing body by ordinance or resolution shall set aside, appropriate, and pledge the income and revenues of its telephone lines and facilities, or such specified portion thereof as shall be determined by the governing body in…
SDCL § 9-41-9 Rates supervised by Public Utilities Commission--Sufficient for bond retirement and operation
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The rates to be charged by the municipality for the telephone service shall be subject to the supervision of the Public Utilities Commission and shall be sufficient to provide for the payment of interest upon all bonds and to create a debt service fund to pay the principal thereo…