Section 49-37-4.1 - Contract to designate party as agent for itself and district--Delegation of contractualpowers to agent. - South Dakota Statutes

49-37-4.1. Contract to designate party as agent for itself and district--Delegation of contractual powers to agent. Any consumers power district may contract, in cooperation with others in an electric generation or transmission facility, for the designation of one of the contracting parties as agent on behalf of itself and a consumers power district. Such contract may provide that one of the participants as agent of a consumers power district may make, execute and enter into contracts and let contracts without bids, settle claims, and perform the powers, duties and functions delegated to the agent by the consumer power district with respect to the construction, operation, and maintenance of an electric generation and transmission facility.

Source: SL 1977, ch 394, § 3.