Section 46A-4-94 - Dissolution of irrigation district--Disposal of property--Payment of obligations--Report of board of directors, filing and recording--Contents--Failure to sue onunpaid claim, effect - South Dakota Statutes

46A-4-94. Dissolution of irrigation district--Disposal of property--Payment of obligations--Report of board of directors, filing and recording--Contents--Failure to sue on unpaid claim, effect. After all the property of the district shall be disposed of and all of the obligations of such district shall have been paid, the directors of such district shall file in the office of the county auditor of each county in which such district is located, and in the office of the Board of Water and Natural Resources, a report attested by the secretary and under the seal of the board of directors, stating that the district has disposed of its property and franchises and become disorganized and dissolved, which report shall be recorded in the miscellaneous record of such counties; and if any person, having any claim against such district not settled or disposed of at the time of the filing of such report, shall fail or neglect to bring suit upon such claim within five years from the time of the filing of such report, such claim shall be forever barred against such district as well as against all persons and property therein.

Source: SDC 1939, § 61.0848; SDCL, § 46-12-89.