South Dakota Code § 9-52-17

Operation for purpose of profit prohibited
Open in Lexace · Ask the AI about this section
Municipalities shall not be authorized to operate revenue
-
producing enterprises of the nature described in this chapter for the purpose of profit or return greater than necessary to pay the cost of acquisition, improvement, operation, and maintenance thereof and interest on money borrowed or advanced from general funds for such purposes.

‹ Prev All South Dakota sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.