South Dakota § 49-36-18 - Interest in district contracts prohibited--Violation as ground for removal from office--Interest as voiding obligation under contract.
Full text of South Dakota South Dakota Codified Laws § 49-36-18 — Interest in district contracts prohibited--Violation as ground for removal from office--Interest as voiding obligation under contract., with citation guidance and answers to common questions.
§ 49-36-18. Interest in district contracts prohibited--Violation as ground for removal from office--Interest as voiding obligation under contract.
No officer, employee, or member of the board of directors of a consumers power district may be interested, directly or indirectly, either by himself or herself, or by agent, in any contract to which the district, or anyone for its benefit, is a party, and any such officer, employee, or director who shall have such an interest shall be subject to removal from office therefor by the board, subject to review of such action by the circuit court for the county in which the district maintains its principal place of business. Such interest in any contract by an officer, employee, or director shall void the obligation thereof on the part of the district.
This section does not apply to any contract of the district for the purchase or sale of power, energy, or any other products or services between the district and any political subdivision or public corporation, another consumers power district, or nonprofit cooperative financed in whole or in part by the Rural Electrification Administration or any other federal agency.
Source: SL 1950 (SS), ch 17, § 55; SDC Supp 1960, § 52.1755; SL 1998, ch 276, § 25.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 49-36-18
What does South Dakota Codified Laws § 49-36-18 cover?
Section 49-36-18 ("Interest in district contracts prohibited--Violation as ground for removal from office--Interest as voiding obligation under contract.") is part of the South Dakota Codified Laws, the codified statutory law of South Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Dakota § 49-36-18?
A common citation format is "South Dakota Codified Laws § 49-36-18" (South Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Dakota official source linked on this page or consult a licensed South Dakota attorney.
How does South Dakota § 49-36-18 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Dakota.