A petition for dissolution must show: (1) The name of the municipality; (2) The date of its incorporation; (3) The fact that it contains a population of less than two hundred fifty persons; (4) That the petitioners are the owners of more than one - half of the real property contained within its limits, in area as shown by a recorded deed or other instrument evidencing title to the property; and (5) That the petitioners are the owners of more than one - half of the real property contained within the limits of the municipality, in assessed valuation, as shown by the most recent assessed values available from the county or counties in which the municipality is situated at the time of filing the petition for dissolution. Two or more of the petitioners shall verify by affidavit that the statements contained in the petition for dissolution are true.
‹ 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.