Section 50-4-5 - Receipt of federal moneys on behalf of local governmental units--Agreementsbetween commission and local governments. - South Dakota Statutes

50-4-5. Receipt of federal moneys on behalf of local governmental units--Agreements between commission and local governments. The commission may act as agent of any county or municipality of this state upon the request of the county or municipality, in accepting, receiving and receipting for such moneys in its behalf for airports or other air navigation facility purposes, and in contracting for the acquisition, construction, improvement, maintenance, or operation of airports or other air navigation facilities, financed either in whole or in part by federal moneys. The governing body of the county or municipality may designate the commission as its agent for such purposes and to enter into an agreement with it prescribing the terms and conditions of such agency.

Source: SDC 1939, § 2.0108 as added by SL 1945, ch 2; SL 1949, ch 2, § 5; SL 1997, ch 16, § 9.